bhargavacanada
4 posts
msg #142365
- Ignore bhargavacanada |
2/20/2018 7:39:43 PM
Hello Folks,
I am planning on selling put options (short put options) on "Weekly" options with narrow Bid/ Ask price (max 2-3 cents) and extremely high liquidity.
Here is a modified filter:
symlist(iwm,spy,xlf,gld,tlt,dia)
set{volatility, weekly atr(5)}
set{base, weekly close}
set{strikeprice, base - volatility}
add column weekly close {weekly close}
add column volatility
add column strikeprice {Target strike price for selling puts}
add column R1
add column R2
add column S1
add column S2
add column RSI(15)
chart-display is weekly
draw price line at strikeprice
Can someone please guide on following:
1. Does this filter looks okay?
2. Any improvements that you can suggest?
3. Is there a possibility to add Implied Volatility (IV) or something similar? IV is a very important metrics in option trade.
4. Any possibility to add option pricing at particular strike points, and expiry dates?
5. Any possibility to add option greeks?
6. How can I backtest this filter?
Thank you very much in advance.
Best Regards.
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