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Hi guys, I'm currently trying to test an algo for selling SPY puts, but I'm having trouble getting the code right. I'm wondering if anyone's able to see where I'm going wrong with my code? Specifically, I'm using a try-except clause to check whether I have the option position, and if so, pass, otherwise, check if I've been assigned and liquidate the SPY shares before selling another put. The algorithm itself is running, but it seems that it's constantly selling puts and it reaches its maximum buying power very quickly.
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Fang Zhou
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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