Shouldn't we expect more from brokers?

In my experience, platforms are pretty bare bones when it comes to displaying/organizing positions. I know with tos you can group strategies which was better than nothing...but shouldn't we expect better than better than nothing?

I typically use a variation of the wheel strategy where I buy/write or sell puts or calls. There are third party alternatives that will track this, but I am just using a spreadsheet...otherwise look at what I would be dealing with to try to track my positions! This would be completely un-manageable in this form.





I have a transactions sheet too where every trade gets logged, but then at least I create a dashboard that will organize it so I can see my positions, risk, premium, pnl etc at a glance.





Once again, I don't know how upset I really am about this since I thoroughly enjoy doing spreadsheets, and enjoy flexing them even more lol...

 

I’ve also faced the issue that platforms are often limited in organizing information. I tried keeping track using Google Sheets, but your approach looks much more well-thought-out. Was it difficult for you to set up such a dashboard?

 

You can try https://snapoptions.com/
It's does the job and then some, and its free unless you want multiple portfolios.

If you try with a spreadsheet it will involve a fair bit of trial and error... and tends to remain as a work in progress, but chatgpt is a great resource for figuring out formulas.

It's worth the effort either way though because you can customize everything to look how you want with the information you need.

 

So now by entering the same info into a spreadsheet, I have been able to create a color coded dashboard which shows the actual positions (4) grouped together, and track the performance.

For example I can see at a glance that I have no open puts currently on orange, so can consider adding some. Without the sheet I wouldn't even have noticed that...and this is only (4) open positions!

 

Or change your broker.

 

And that's why you're driving a lambo

 

If you are trading complex strategies its much better to get something like OptionNetexplorer to track it, spread sheets become too much of a pain

 

That depends on the spreadsheet!
Here is mine projecting the pnl for an SNAP spread at a future date/price.



Just checking the math

 

I'm doing the trial. It looks good...amazingly though my spreadsheet does most of what this platform does already...such as have pre-set strategies populated for you.