Backtesting Weekly Option Strategies - Compare up to 3 at once!

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  • čas pƙidĂĄn 2. 08. 2024
  • Backtesting weekly options strategies: Making consistent weekly trade gains using options? The spreadsheet analyzes a stock or ETF and visually displays the average standard deviation move of the daily percentage gains or losses and compares it to complex options strategies to see backtested resultsDrawbridge Finance Backtesting weekly optionsGraphically compares up to three complex options trading strategies
    💰 Join the discord chat: / drawbridgefinance
    📈 Download Spreadsheets: www.drawbridgefinance.ca
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    ▬ CONTENTS ▬▬▬▬▬▬▬▬▬▬
    0:00 Intro to weekly options strategies
    1:04 ZEEHBS Options Overview
    2:04 Setting up the ZEEBHS in IBKR TWS
    5:10 What the Backtesting Options Spreadsheet Does
    6:20 Input in the Backtesting Options Spreadsheet
    8:18 Backtesting the results from previous weeks
    9:27 10 best and worst trading week over time
    12:36 Comparing Multiple Strategies
    16:18 Where to Download the sheet
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    Subscribe to Drawbridge Finance on CZcams: / drawbridgef. .
    My primary investment strategy is long term high yield dividend investing, index funds and reducing risk and exposure using options. I have been actively trading the stock market for over 25 years and have built most of my wealth by reinvesting my dividends and following my 14 Personal Rules of investing. I actively trade options on both the American and Canadian Stock exchanges using options strategies and buying and holding high yield dividend paying stocks.
    I generate monthly income in two ways. Averaging more than an annual 7% return by collecting dividends on high yield dividend stocks that I hold. The second income stream comes from the selling of option premium and taking advantage of theta decay. I love trading strangles, Iron condors and diagonal spread for maximizing returns. Delta neutral strategies allows me to make money in both bull and bear markets and limits my risk. Both of these strategies are suitable for passive income and create a stable predictable safe passive monthly income.
    Want to learn how to trade stocks and make more money? This channel is dedicated to increasing investment returns and building wealth by passively trading in the stock market. If you’re tired of poor performance then make sure you subscribe to Drawbridge Finance / drawbridgef. . I produce weekly videos for the beginner trader and use simple explanations to learn how I buy and sell stocks for profit.
    Let’s Get Rich Together
    Levi Woods
    Disclaimer: I am not a financial planner and am not offering investment advice. This is an opinion channel only and should not be taken as any form of financial advice. I receive a small commission from the purchase of any item from using the links listed above. There are financial risks involved in taking on any monetary transaction that I discuss in my videos.
    #investing #stockmarket #dividends #LetsGetRichTogether

Komentáƙe • 24

  • @DrawbridgeFinance
    @DrawbridgeFinance  Pƙed rokem +1

    💰 Join the discord chat: www.patreon.com/drawbridgefinance
    📈 Download Spreadsheets: www.drawbridgefinance.ca
    💰 All my links: www.linktr.ee/drawbridgefinance

  • @ravikanthreddy6857
    @ravikanthreddy6857 Pƙed 2 měsĂ­ci

    Hi Levi , Is there a way in the speadsheet to change the data to daily ? and also put a exit strategy instead of wait until experiation ?

  • @raytailor9251
    @raytailor9251 Pƙed 8 měsĂ­ci

    New subscriber.
    Does the spread sheet analyze simple option strategies? Covered calls and cash secured puts.

  • @michaelkazatski7784
    @michaelkazatski7784 Pƙed rokem +1

    Hey Levi, thanks for sharing your knowledge! Im sorry if I missed it anywhere in description but do your option tier patreon patrons get access to spreadsheet downloads?

    • @DrawbridgeFinance
      @DrawbridgeFinance  Pƙed rokem +1

      I release a digital download every month. Current patrons are able to download the digital file during the month they are posted as the posts get removed at the end of each month. Note: I always have the Rolling Options Record Keeper and option strategies personal notes spreadsheet available for download for options tier patrons regardless of the month of sign up.

  • @girjeshkitty6803
    @girjeshkitty6803 Pƙed rokem +1

    Vgood

  • @maryjamesw7026
    @maryjamesw7026 Pƙed rokem +1

    can you use this for Canadian markets?

    • @DrawbridgeFinance
      @DrawbridgeFinance  Pƙed rokem

      Yes.

    • @maryjamesw7026
      @maryjamesw7026 Pƙed rokem

      @@DrawbridgeFinance how do you put the symbols in, as i watched your video but you went with US market data.
      I tried TSX:BCE ect and with no luck

    • @DrawbridgeFinance
      @DrawbridgeFinance  Pƙed rokem

      @@maryjamesw7026 the formula pulls Google finance data so if it doubt go to the Google finance page and look up the symbol to see how they write the symbol and exchange. TSE:BCE or BCE:TSE should work to pull bell data.

    • @maryjamesw7026
      @maryjamesw7026 Pƙed rokem

      @@DrawbridgeFinance Thank you for the help TSE:BCE does work for example!!!

  • @memories-fh5fd
    @memories-fh5fd Pƙed 11 měsĂ­ci

    do you trade in an ibkr cash
    account?

    • @DrawbridgeFinance
      @DrawbridgeFinance  Pƙed 11 měsĂ­ci

      Yes.

    • @memories-fh5fd
      @memories-fh5fd Pƙed 11 měsĂ­ci

      @@DrawbridgeFinance if you dont mind me asking, can you trade short strangles, sell /MES and /ES puts and do covered strangles in the cash acct? do you teach thse strategies in your discord? i have a cash acct with IBKR in the UK and dont know where to start. thanks

    • @DrawbridgeFinance
      @DrawbridgeFinance  Pƙed 11 měsĂ­ci

      @@memories-fh5fd looking further into it. I have a couple of accounts at IBKR. The one I sell naked options is a ‘margin’ account. According to their website a cash account can be converted to a margin account if the trader meets the eligibility requirements. Yes. I teach a variety of trading styles in my discord. It is an open forum and any complexity of question can be asked. It’s a fantastic resource for beginners and advanced options traders.

  • @benjaminschneider5657
    @benjaminschneider5657 Pƙed rokem +1

    Nice video, I just joined your patreon at the dividend level to check it out. I have been enjoying your content. Wondering if I am able to access your spreadsheets as a member. Thanks! Happy new year!

    • @DrawbridgeFinance
      @DrawbridgeFinance  Pƙed rokem

      Dividend members get the monthly digital download. I sent you a welcome message.

  • @Masterstrokes555
    @Masterstrokes555 Pƙed rokem +1

    Is the sheet in the video up for sale already? Cant find it on ur website

    • @DrawbridgeFinance
      @DrawbridgeFinance  Pƙed rokem

      Sorry, I forgot to make it active. It’s live now. drawbridgefinance.ca/products/backtesting-weekly-options-spreadsheet