Hello All, I've been a visitor/reader of ET for quite some time and finally became a member today. I find this and other forums (TSWorld, Wilmott, etc.) to be great "real world" resources where intelligent commenatators actually provide pragmatic ideas and advice. Thus this post. My colleague and I are thinking about building options strategy/position backtesting software. Not really for commercial ends but who knows in the end? (BTW, does anyone know of existing software that can aid in testing complicated strategies?) To produce realistic results, at least from our perspective, we want to build in multiple methods for dynamically hedging gamma. So I post here to solicit advice/ideas for those that are willing to share them. We are hoping to work in some basic approaches at first followed by more sophisticated methlods down the line. We've done fairly well over the years managing positions with "informed intuition" if you will, but that approach is impossible for us to build into backtesting. We are hoping that "systematic" based traders will be able to advise us accordingly. Thanks in advance for your time/consideration.