Options trading data analysis — Part 1-An introduction

As an options trader, it is important to be able to monitor your performance and at the very least know whether or not your strategies are working and that you’re profitable. In the beginning, I tracked my trades using Excel, essentially keeping a record of each opening and closing trades. See figure 1. The numbers are obviously for example purposes only, but note the relationship between them.

Figure 1 — Tracking with Excel