On August 5, 2024, Japanese stocks suffered their biggest daily loss since 1987. The Nikkei 225 closed down by over 12%. Shortly afterward, the Bank of Japan raised interest rates, causing the yen to surge higher. The increased interest rates and stronger yen forced market participants to unwind their yen carry trades.
Over the last two years, we have shared numerous backtests featuring public options trading strategies (such as NetZero, Boxcar, or Weekend Effect), strategy variants contributed by our customers (Volatility Hedged Theta Engine, Relaxed SuperBull trade), and built-in strategy templates that turned out to be good starting points (trailing stop, 0DTE-IC).
These income strategies cover a wide range of moneyness and time to maturity. Some stand out, others are just average and some are not performing well currently.
It is well known that diversification helps build better investments.In this article, we will explore how Equal Weighting and Modern Portfolio Theory might help improve investment performance.
Calendar effects/anomalies are well-known to investors.
QuantPedia's Composite Seasonality Index (QCSI) combines several, seasonal patterns such as the Turn of the Month, FOMC Meeting Effects, and Option-Expiration Week. It has been shown that using the composite calendar in a long-only setup outperforms the market.
There aren’t many scientific publications on practical options trading. In this article, we will recreate the results of one of the few, titled: Differential Evolution Optimization of the Broken Wing Butterfly Option Strategy by David Munoz Constantine, Richard Tymerski, and Garrison Greenwood.
🤖 We're Thrilled to Announce the Integration of ChatGPT with MesoSim, the Advanced Options Simulator!
As we continuously strive to provide our users with the most innovative and efficient tools in the financial technology space, the incorporation of MesoSim's Knowledge Base to ChatGPT represents a major advancement in how you can interact with our platform.
Enhanced User Interaction: ChatGPT's cutting-edge AI capabilities allow for a more intuitive and conversational user experience. Whether you're querying complex options strategies or seeking help with Job Definitions, ChatGPT is here to assist you in plain language.
Personalized Support: Get instant, AI-driven answers to your queries without waiting. From explaining the Greeks in options trading to offering step-by-step simulation guidance, ChatGPT tailors its support to your unique needs.
Education and Insights: Alongside its support functionalities, ChatGPT serves as an educational companion, offering explanations, tutorials, and valuable insights to enrich your trading knowledge and decision-making.
Continuous Improvement: The integration is just the beginning! We're committed to evolving the platform's capabilities, ensuring that MesoSim remains at the forefront of technological innovation in the trading world.
Get Started: Dive into a seamless, smarter trading experience today. Engage with ChatGPT on MesoSim and explore the enhanced possibilities at your fingertips.
👉 Access MesoSim with ChatGPT here
Thank you for being a part of our journey. We're excited to embark on this new chapter with you, pushing the boundaries of what's possible in options simulation. Your feedback is invaluable to us as we work to make MesoSim your go-to platform for all things options.
While ChatGPT can now create MesoSim Job Definitions, it may suggest job definitions that do not fully capture the specified trade. Additionally, it might omit optional fields, leading to warnings in the Job Editor. Most of the time, these warnings can be safely ignored.
We recommend that you still review the generated job and adhere to the Strategy Development Lifecycle.
Happy Trading!