Does WLP support options trading?
Author: tedpenner
Creation Date: 11/8/2016 9:39 PM
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tedpenner

#1
Does WealthLab Pro support options trading?
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Eugene

#2
You should ask Fidelity whether they support options trading. As for backtesting option strategies, here are resources that you may find useful:

* Wealth-Lab Wiki FAQ > Does Wealth-Lab 6 have options support?
* Any way to pull up Options data for backtesting?
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tedpenner

#3
If I cannot "trade" options using real non-synthetic options at Fidelity, and the only thing I can do here is backtest, then where?

How would I try it out on a live options account with another broker, if that's what is required?
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Eugene

#4
Brokers other than Fidelity are not supported in Wealth-Lab Pro.
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Cone

#5
The idea is to use Wealth-Lab Pro to test option trading strategies. You can apply the code to give you Alerts when to buy and sell options, but you have to enter those trades manually with other Fidelity tools, such as AT Pro or fidelity.com.

If you decide to go about it this way, it would be a good idea to modify the code for synthetic options to use the live contract symbols/data.