Introduction to GreeksLab

Welcome to GreeksLab, where you can build, test, and refine options strategies — no code required. This documentation will guide you through everything you need to know to get started with creating and backtesting advanced options strategies.

What is GreeksLab?

GreeksLab's visual strategy builder lets you create and backtest advanced 0DTE options. Design iron condors, straddles, butterflies, or custom multi-leg setups with full control over entry timing, strike selection, and position sizing.

• Visual Strategy Builder: Create complex multi-leg strategies without coding
• Precision Control: Full control over entry timing, strike selection, and position sizing
• Smart Rules: Simulate realistic trading with rules that react to portfolio and market conditions
• Historical Backtesting: Test strategies against years of 1-minute historical data
• Comprehensive Analytics: Analyze across 15+ factors with detailed performance metrics

Key Features

🛠️ Visual Strategy Builder

• Build iron condors, straddles, butterflies, or custom multi-leg strategies
• No coding required — intuitive visual interface
• Smart rules that react to portfolio and market conditions
• Precise strike selection with delta, strike offsets, OTM%, or fixed premium selectors
• Linked legs for automatic spread construction

⚙️ Advanced Backtesting Engine

• Rule based
• Powered by 1-minute historical options data
• Realistic trade execution with slippage and commission modeling
• Smart option selection algorithms
• Multiple concurrent position handling

📊 Comprehensive Analytics

• Performance Metrics: Sharpe ratio, drawdown, win rate, and more
• Factor Analysis: Analyze results across 15+ factors including day of the week, economic releases, and volatility
• Trade-Level Detail: Review every trade with entry/exit prices, Greeks, and full context
• Side-by-Side Comparison: Compare strategies with detailed breakdowns
• Interactive Charts: Equity curves, drawdown analysis, and monthly returns heatmaps

🔐 Risk Management Tools

• Position-level profit/loss tracking
• Control your position using a growing library of condition presets
• Custom expression system for complex conditions
• Rolling and adjustment capabilities

Who Should Use GreeksLab?

GreeksLab is designed for:

• Options Traders looking to build confident, data-driven strategies
• Portfolio Managers seeking to validate strategies before deployment
• Quantitative Analysts needing precise backtesting with realistic execution
• Trading Educators teaching advanced options strategies and risk management
• Institutional Traders requiring detailed analytics and performance attribution

Getting Started

Next Steps

Ready to build your first strategy? Check out our Quick Start Guide to create and backtest your first strategy in under 5 minutes.

To dive deeper into GreeksLab's capabilities, explore these essential guides:

• Quick Start Guide - Build and backtest your first strategy
• Strategy Basics - Learn the complete strategy framework
• Position Legs - Understand how to configure option legs
• Backtest Settings - Set up realistic testing parameters