Portfolio123 Equivalent For Options Strategies

Manage
1

Gents,

I was curious if any of you knew of any web-based software packages similar to Portfolio123 for backtesting Options Strategies. In particular, I am looking to analyze strategies that fit under the broad category of “tail-risk hedging”, so long-vol, deep OTM put spreads, etc. I have been doing this in Excel and R, but I am tired of reinventing the wheel and hunting for data.

I have found one package at getvolatility.com that looks like it has some decent functionality, but it is nothing like the excellent product we are using here.

Do any of you have recommendations for software packages that you use or have used for this type of thing?

Thanks,

Daniel

2

There is nothing nearly as “friendly” as P123, but I’ve come across a few possibilities.

Since you’re familiar with R, check out zorro-project.com. You’ll need your own data, but it’s far more powerful than Excel. Steep learning curve though.

Optionstack.com can probably do it, but it’s very clumsy.

OptionNet Explorer can do the analysis, but it’s all manual, no automation.

3

Thanks, I’ll give them a look.