Options Optimization: Separate Entry Signals from Contract Returns

Pineify’s TradingView optimizer varies supported inputs in an existing Pine strategy and records the chart strategy’s results. It does not supply a historical options chain or automatically simulate strike selection, expiring contracts, assignment or multiple option legs. A profitable test of SPY shares is not a backtest of a SPY call, spread or wheel. Before an options-return study, define the contract-selection rule and the data it needs: expiration, strike, call or put, contract multiplier, historical quotes, timestamps and an executable pricing assumption. Decide how positions are valued between entry and exit, and how exercise, assignment, dividends, fees and missing quotes are handled. A theoretical model price must be identified as a model estimate rather than a historical fill. Keep the underlying signal experiment separate from the contract experiment. For example, compare a small set of completed-bar entry rules on the underlying, record all choices and freeze the selected rule. Then evaluate its decisions using historical contracts and a suitable options model on excluded dates. Do not select the best underlying rule and present its percentage return as the expected return of the option position.