Manage
The Manage tab provides a list of all your trades.
Table of Contents
Trades and Strategies
agamotto tracks your performance through trades. Each put/stock/call trade captures (1) an opening transaction, (2) a closing transaction, and (3) metadata about the trade.
In addition, you can tag each trade to a strategy, which is simply a collection of trades. A full Wheel cycle would involve (a) at least one put trade, (b) one stock trade, and (c) at least one call trade. You can also group other options to track them together as a strategy (e.g. call credit spread, put credit spread). It is highly recommended that you assign each trade to a strategy because agamotto can track the collective profits and cost basis for you.
Overview Section
All trades are presented in a searchable and sortable table.
Manage: Overview
Adding a Trade
To add a trade, click the Add Trade button to go to a form for entering data. The mandatory fields are:
- Ticker
- Instrument
- Quantity
- Action
- Opening Transaction: Open Date, Open Price, Open Fees
Strike and Expiration Date are optional because you may be transacting a stock. The Closing Transaction fields are optional, since they are only updated when a trade is closed.
The strategy is also optional. However, once again, it is highly recommended that you assign each trade to a strategy. You can use any convention, as long as the strategy is unique. The convention I use to ensure uniqueness is:
<ticker>-<expiration date formatted as DDMMMYY>-<P for put or C for call><strike price>_<open date formatted as DDMMYYYY>.
For example, a TWTR put option with a strike of $41 expiring on 14 Jan 2022, opened on 28 Dec 2021 would be TWTR-14JAN22-P41-28DEC21.
Manage: Add Trade
Viewing Trade Details
To view a trade, simpy click on the ticker in the corresponding row in the full list of trades. This will take you to a dedicated page to see all the details of a trade.
Manage: View Trade
Editing a Trade
When you close a trade, it is essential to update the closing date, price, and fees. To do so, click the Edit Trade button in the trade’s detail page.
Manage: Edit Trade
If you choose to delete a trade, don’t worry - you’ll have an opportunity to confirm your action.
Manage: Delete Trade
