Portfolio Improvements

[Cheech]

I just installed Options Oracle and my initial impression is that it appears to be a great tool.

One thing I did not see was a way to enter a cash portfolio starting position or to maintain it (cash deposits/withdrawls).  Knowing ones total portfolio cash postion would allow various other useful calculations such as the percentage of each position relative to the portfolio size and other such statistics.

Also, I trade from 2 accounts (in my case one broker but it could be more than one for others), one  an IRA and the other a non-IRA account so it would be nice to be able to link accounts so that overall statistics can be calculated, i.e a total portfolio summary.

[shlomosh]

Thank you. These are indeed nice ideas.

[blinker57]

I would like to add to this request.

I have found that the platform I use to trade options does a horrible job presenting the trades I have in a way that makes it more intuitive to manage, i.e., by combined P/L per spread. Rather, they simply show each symbol individual without any total. This is one of the reasons I enjoy using Options Oracle.

When I make am options trade, I enter in my trading platform in a way that I can group trades together as spreads since it has a live feed. I then enter it in Options Oracle because the Portfolio feature allows me to see how everything is behaving together or by separate spreads. And then finally, I enter the trade in my spreadsheet so I can have a historical record. Three times I enter the same information.

With this, I would love it if Options Oracle was able to close and remember past trades in the Portfolios. This way I could keep better trade of my performance without the added effort to put into a spreadsheet. The performance could perhaps be charted as well - and/or exported out to Excel or CSV.

I like Options Oracle a lot simply because it does most everything I need intuitively. I would love it if it also helped me manage my portfolios - even after the trade is done.

thanks!

blinker57

[asahi]

Could a method of showing a Risk Graph for the total Portfolio be added to the software. It could be done if the Delta of each portfolio entry was Beta weighted relative to the S&P 500 as is done by TOS. This could be extreamly useful for analyzing the state of a portfolio with several spreads on different underlying indexes or equities. The weighted Greeks could also be added to complete the picture.
Stan Graham

[exiledgoblin]

Another related feature that would be great to have would be the greeks applied to the total portfolio. In fact, if we could see the portfolio in exactly the same format as any given strategy that would be superb