IV Percentile Filter: How IVP Doubled a 0DTE Iron Condor's Capture Rate
Option Omega added IV percentile, IV rank and HV filters. In a quick backtest, a 20–80 IVP range roughly doubled a 0DTE SPX condor's capture rate.
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Product Updates
6 posts tagged Product Updates.
Analyze Tab: Monte Carlo, MAE/MFE and Profit Factor in Option Omega
David Romeo walks through Option Omega's new Analyze tab on an MEIC backtest, from a 1.05 profit factor and MAE/MFE to Monte Carlo and synthetic losses.
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Option Omega Optimizer Launch: Parameter Sweeps, Heat Maps and Robustness
Option Omega launched the Optimizer, its parameter sweep tool. See a live 388-backtest sweep, two-parameter heat maps, the Robustness Score and 7-day storage.
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Option Omega Optimizer: Run 500 Backtests at Once and Test the Concept
The Option Omega Optimizer sweeps up to 5 parameters at once. Matt ran 700+ backtests in about 10 minutes on an iron condor losing year to date.
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Option Omega Stop-Loss Types: Basic, Per-Leg, Trailing and 1-Second IMSL
How each stop-loss works in the Option Omega backtester, from basic and per-leg stops to trailing stops, 1-second IMSL and two consecutive hits at stop-loss.
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1-Second IMSL Data and 10x Faster Backtesting in Option Omega
Option Omega's backtester now runs 10x faster on average, and IMSL uses 1-second data instead of 1-minute OHLC. Here is what changed and what it means for 0DTE.
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