Cost Basis Symbol Delete & ETF Search Functionality Added

Introduction: Powerful New Portfolio Management Features

Managing your option trading portfolio requires flexibility and precision. As your trading evolves, you need tools that can adapt to your changing needs without compromising the integrity of your historical data. MyATMM has introduced two significant platform updates designed to streamline your cost basis tracking workflow and enhance how you search for ETF opportunities.

These new features address common challenges that option sellers face: maintaining a clean, focused portfolio view while tracking multiple positions, and quickly identifying ETF opportunities for weekly option strategies. Whether you're managing a handful of positions or tracking dozens of tickers, these updates provide the control and flexibility you need to stay organized and focused on what matters most.

Key Platform Updates Covered:

Cost Basis symbol deletion with permanent data removal
Enhanced safety protocols to prevent accidental deletions
ETF-specific filtering on the search and analysis page
Combined filter functionality for refined searches
Weekly options ETF database integration from CBOE

Cost Basis Symbol Deletion: Clean Up Your Portfolio

The new Cost Basis symbol deletion feature gives you complete control over your tracked positions. This functionality is particularly valuable for traders who have experimented with different stocks, closed out positions permanently, or simply want to maintain a clean, focused view of their active trading universe.

When to Use Symbol Deletion

Consider using the symbol deletion feature in these common scenarios:

Completed Positions: You've closed out a position entirely and have no plans to return to that ticker
Strategy Changes: Your trading focus has shifted away from certain stocks or sectors
Portfolio Simplification: You want to reduce clutter and focus only on active positions
Testing Cleanup: You were exploring new tickers and want to remove test data
Lengthy List Management: Your position list has grown too long and needs organization

How the Deletion Process Works

MyATMM has designed the deletion feature with multiple safety checkpoints to protect your historical data from accidental loss. Here's the step-by-step process:

Step 1: Navigate to Cost Basis Screen

From your dashboard, access the Cost Basis screen where all your tracked symbols are displayed. This is your central hub for position management and cost basis tracking.

Step 2: Locate the Delete Button

Each symbol in your list now includes a dedicated delete button. This button is clearly marked and easily accessible for the symbols you want to remove.

Step 3: Confirmation Dialog

When you click the delete button, a confirmation dialog appears explaining exactly what will be deleted. This isn't a simple "Are you sure?" prompt—it's a comprehensive warning about the permanent nature of the operation.

Step 4: Type "DELETE" to Confirm

To proceed with deletion, you must manually type the word "delete" in the confirmation field. The proceed button remains disabled until you complete this action. This prevents accidental clicks and ensures you're making a conscious decision.

Step 5: Final Confirmation

After typing "delete," the proceed button activates. Click it to complete the deletion. The symbol and all associated data are immediately removed from your account.

What Gets Deleted: Understanding Data Removal

When you delete a symbol from MyATMM, the deletion is comprehensive and permanent. Understanding exactly what is removed helps you make informed decisions about when to use this feature:

Permanent Data Removal Includes:

Complete Transaction History: All recorded covered calls, cash-secured puts, assignments, and rolling transactions
Cost Basis Records: Current cost basis, proposed cost basis, and historical basis calculations
Premium Collections: All option premium income tracked for that symbol
Dividend Records: Dividend income associated with stock ownership
Dashboard Data: The symbol disappears from your dashboard overview
Performance Metrics: ROI calculations, profit/loss tracking, and historical performance data

Important: There is no backup of deleted data. Once removed, this information cannot be recovered. Use this feature thoughtfully.

Practical Example: Cleaning Up a Demo Account

Consider a typical scenario: you've been using MyATMM to track several positions, but now you want to focus exclusively on two key tickers—BBWI (Bath & Body Works) and MRVL (Marvell Technology). Your portfolio view includes several other symbols that you experimented with but no longer actively trade.

In this case, you might have positions in AAPL (Apple), MSFT (Microsoft), TSLA (Tesla), and XOM (ExxonMobil) that you want to remove. By using the symbol deletion feature systematically, you can clean up your view to show only the positions that matter to your current strategy.

As you delete each symbol, the Cost Basis screen updates immediately. Once all unnecessary symbols are removed, your dashboard reflects this cleaner view—showing only the two active positions and their associated performance metrics. This focused approach makes it easier to monitor what matters and make informed trading decisions.

ETF Search Filter: Find Weekly Options Opportunities

The second major update introduces dedicated ETF filtering on MyATMM's covered call and cash-secured put analysis page. This feature specifically targets traders who focus on ETFs for their option selling strategies, particularly those seeking weekly options opportunities.

Why ETFs Matter for Option Sellers

Exchange-traded funds (ETFs) offer unique advantages for systematic option income strategies:

Diversification: ETFs provide instant diversification compared to individual stocks, reducing single-company risk
Liquidity: Popular ETFs typically have high trading volumes, resulting in tighter bid-ask spreads and better option pricing
Weekly Options: Many ETFs offer weekly expiration cycles, enabling more frequent premium collection opportunities
Dividend Income: Some ETFs pay regular dividends, providing additional income on top of option premiums
Sector Exposure: You can target specific sectors or strategies through specialized ETFs while selling options for income

Understanding the ETF Filter Interface

MyATMM has reorganized the search and analysis page to accommodate the new ETF filter while maintaining all existing functionality. The interface now includes multiple filter options that work independently or in combination:

Available Filters on the Search Page:

S&P 500 Filter: Shows only stocks in the S&P 500 index
Dividend Filter: Displays only symbols that pay regular dividends
Positions Filter: Shows your currently tracked positions (highlighted in the results)
ETFs Filter (New): Filters to show only exchange-traded funds

CBOE Weekly Options ETF Integration

MyATMM's ETF database is built directly from the Chicago Board Options Exchange (CBOE) list of ETFs that support weekly options. This ensures that when you filter for ETFs on the platform, you're seeing securities that actually offer the weekly expiration flexibility needed for active premium collection strategies.

The weekly options capability is crucial because it allows you to:

Collect premium more frequently than with monthly options alone
Respond more quickly to market changes by adjusting positions weekly
Compound premium income faster through shorter duration trades
Manage risk more precisely with shorter-dated expirations

How to Use the ETF Filter

Accessing and using the ETF filter is straightforward. Navigate to the covered calls and cash-secured puts analysis screen from your MyATMM dashboard. The reorganized filter section now displays all filter options in a clean, accessible layout.

Using the ETF Filter - Step by Step:

1. Access the Analysis Page: Navigate to the search/analysis screen where you normally evaluate potential option trades.

2. Locate the Filter Section: The filters are displayed at the top of the results area, clearly labeled.

3. Check the ETFs Box: Click the ETFs filter checkbox to activate it. The results immediately refresh to show only ETFs.

4. Review the Results: The page now displays all ETFs in the MyATMM database that support weekly options trading.

5. Add Symbols if Needed: If you want to track a specific ETF not currently showing, use the add symbol function to include it in the database.

Combining Filters for Refined Searches

One of the most powerful aspects of the ETF filter is its ability to work alongside other filters for highly targeted searches. You can combine multiple filters to narrow down exactly what you're looking for.

Filter Combination Examples:

ETFs + Dividend Filter: Show only ETFs that pay regular dividends. This combination is ideal for traders who want both option premium income and dividend income from their holdings. Popular dividend-paying ETFs like JEPI, QYLD, and SCHD would appear in these results.

ETFs + Positions Filter: Display only the ETFs you're currently tracking. This helps you focus exclusively on your existing ETF positions without seeing the full universe of available symbols.

S&P 500 + ETFs: While this particular combination might not return results (since S&P 500 typically refers to individual stocks), it demonstrates how the filters work independently. The system will only show results that match all selected criteria.

Adding New ETF Symbols to Your Tracking

If you discover an ETF you want to track that isn't currently in your filtered view, MyATMM makes it easy to add new symbols. The add symbol functionality works seamlessly with the ETF filter—once you add an ETF to your tracking list, it will appear in future filtered searches.

This is particularly useful when you research ETFs outside the platform and want to begin tracking them in MyATMM. Simply add the ticker symbol, and if it's on the CBOE weekly options list, it will be recognized as an ETF and available in your filtered searches.

How MyATMM Enhances Your Trading Workflow

These new features represent MyATMM's commitment to providing purpose-built tools for option sellers. The platform continues to evolve based on real-world trading needs, adding functionality that directly addresses common pain points in cost basis tracking and position management.

The MyATMM Advantage for Portfolio Management

Managing multiple option positions across different stocks and ETFs can quickly become overwhelming, especially when using spreadsheets or broker-provided tools that weren't designed specifically for option income strategies. MyATMM solves this problem by providing:

Centralized Tracking: All your option trades, assignments, and premium collections in one platform
True Cost Basis Calculation: Automatic adjustment of cost basis as you collect premiums and manage assignments
Flexible Organization: Delete old positions, filter by asset type, and focus on what matters
Position Clarity: Instantly see which positions you're currently tracking versus available opportunities
Performance Visibility: Track ROI, total premiums collected, and portfolio-wide performance metrics

Free Account Capabilities

You can experience both the symbol deletion and ETF filtering features with a free MyATMM account. The free tier allows you to track up to three tickers permanently, giving you full access to the platform's core functionality without any credit card required.

What You Get With a Free Account:

Track up to 3 stock or ETF tickers forever
Full cost basis tracking with all transaction types
Access to symbol deletion functionality
Use all search filters including the new ETF filter
Dashboard overview with performance metrics
Proposed cost basis calculations

Upgrading for Unlimited Tracking

For traders managing larger portfolios or actively trading multiple positions simultaneously, MyATMM offers affordable membership options:

Monthly Membership: $4.95/month for unlimited ticker tracking
Quarterly Membership: $12.95/quarter
Annual Membership: $49.95/year (save 16% compared to monthly)

All membership tiers provide unlimited symbol tracking, allowing you to scale your option selling activities without worrying about hitting tracking limits. You can add and delete symbols as your strategy evolves, maintaining complete flexibility in your portfolio management approach.

Best Practices for Using These New Features

To maximize the value of these platform updates, consider implementing these best practices in your trading workflow:

Symbol Deletion Guidelines

Before Deleting a Symbol:

Export Your Data: If you want to retain historical records, consider taking screenshots or manually recording key metrics before deletion
Confirm Position Closure: Verify that all options positions on that symbol are completely closed with no remaining obligations
Review Tax Implications: If it's currently tax year, ensure you have records needed for tax reporting before deleting transaction history
Consider Temporary Inactivity: If you might return to a ticker later, consider leaving it tracked but unfocused rather than deleting it permanently

ETF Filter Workflow Optimization

Efficient ETF Screening Process:

Start Broad, Then Narrow: Begin with the ETF filter alone to see all available options, then add dividend or position filters to refine
Research Outside, Track Inside: Use external resources to identify promising ETFs, then add them to MyATMM for tracking and analysis
Focus on Liquidity: When filtering ETFs, prioritize those with high average volumes for better option pricing and execution
Regular Database Updates: Check periodically for new ETFs added to the CBOE weekly options list and add promising candidates to your tracking
Combine With Positions Filter: Regularly use ETF + Positions filters together to review your current ETF holdings and their performance

Portfolio Maintenance Schedule

Consider establishing a regular schedule for portfolio maintenance using these tools:

Weekly: Use the ETF filter to identify new opportunities and evaluate current ETF positions
Monthly: Review your complete position list and consider whether any symbols should be deleted or added
Quarterly: Perform a comprehensive cleanup, removing old positions and reorganizing your tracking strategy
Annually: Major portfolio review, potentially deleting multiple symbols as your strategy matures and evolves

Real-World Application: ETF-Focused Option Strategy

To demonstrate how these features work together in practice, consider this example of an ETF-focused wheel strategy implementation:

Sample ETF Wheel Strategy Using MyATMM:

Step 1: Initial Setup
You decide to focus exclusively on dividend-paying ETFs for your option income strategy. Using the ETF + Dividend filters, you identify several candidates: JEPI (JPMorgan Equity Premium Income), SCHD (Schwab U.S. Dividend Equity), and DIVO (Amplify CWP Enhanced Dividend Income).

Step 2: Position Building
You begin selling cash-secured puts on these three ETFs, tracking each position in MyATMM. As assignments occur and you transition to covered calls, the platform automatically adjusts your cost basis based on the premiums collected.

Step 3: Monitoring and Management
Using the ETF + Positions filter combination, you quickly review just your active ETF holdings without the noise of other tracked symbols. This focused view helps you identify when extrinsic value is declining and it's time to roll positions.

Step 4: Strategy Evolution
After several months, you decide DIVO isn't providing the premium income you expected. You close out all positions, then use the symbol deletion feature to remove it from your tracking. This keeps your portfolio view clean and focused on the two ETFs that are performing well.

Step 5: Expansion and Refinement
With DIVO removed, you have room to explore new opportunities. You use the ETF + Dividend filter again to find replacement candidates, eventually adding QYLD (Global X NASDAQ 100 Covered Call ETF) to your tracked positions.

This workflow demonstrates how the symbol deletion and ETF filtering features work together to maintain a dynamic, focused portfolio that evolves with your strategy while keeping your tracking system organized and efficient.

Understanding the Interface Changes

The addition of the ETF filter required some reorganization of the search and analysis page interface. MyATMM made these changes thoughtfully to accommodate the new functionality while maintaining the intuitive user experience the platform is known for.

Why the Layout Changed

Previously, all filter options fit comfortably on a single line at the top of the analysis page. However, adding the ETF filter would have created crowding and potential confusion. The development team chose to move some elements to create a cleaner, more organized layout that scales well as additional features are added in the future.

The reorganization ensures that each filter option is clearly visible and easily accessible, whether you're on a desktop computer or accessing MyATMM from a mobile device. This responsive design philosophy means you can effectively use the ETF filter and other tools regardless of how you access the platform.

Current Positions Highlighting

One important feature that works seamlessly with the new filters is the positions highlighting functionality. When you have the Positions filter active, symbols you're currently tracking are highlighted in the results list. This visual distinction helps you quickly differentiate between ETFs you're already tracking and new opportunities you might want to explore.

This highlighting works across all filter combinations, so whether you're viewing all ETFs or combining ETF + Dividend filters, you'll always know at a glance which ones are already in your portfolio.

Conclusion: Streamlined Portfolio Management for Option Sellers

The addition of symbol deletion and ETF filtering functionality represents significant enhancements to MyATMM's portfolio management capabilities. These features provide the flexibility and control that active option sellers need to maintain organized, focused tracking systems as their strategies evolve.

The symbol deletion feature offers a safe, deliberate way to remove positions you no longer trade, keeping your cost basis screen and dashboard views clean and relevant. The multiple confirmation steps ensure you won't accidentally delete important historical data, while still providing the ability to maintain a streamlined portfolio view.

The ETF filtering capability, built on CBOE's weekly options ETF database, gives you quick access to the specific securities that work best for systematic premium collection strategies. Combined with existing filters for dividends, S&P 500 membership, and current positions, you can rapidly narrow down exactly the opportunities you're looking for.

Together, these features enhance MyATMM's value proposition as a purpose-built tool for option income traders. Rather than forcing you to adapt to generic portfolio tracking tools or complex spreadsheets, MyATMM continues to evolve with features specifically designed for how option sellers actually work—providing clarity, accuracy, and efficiency in your cost basis tracking workflow.

Key Takeaways:

Delete symbols permanently with multiple safety confirmations to prevent accidents
Filter specifically for ETFs that support weekly options trading
Combine filters to create highly targeted searches for new opportunities
Maintain a clean, focused portfolio view as your strategy evolves
Free accounts include full access to both features with three-ticker tracking
Unlimited tracking available with affordable membership options

Risk Disclaimer

Important Risk Information:

Options trading involves significant risk and is not suitable for all investors. The strategies discussed in this article—including selling covered calls, cash-secured puts, and implementing wheel strategies—can result in substantial losses. You can lose more than your initial investment when trading options.

Past performance of any trading strategy does not guarantee future results. Market conditions change, and strategies that worked previously may not work in the future. The examples and scenarios described in this article are for educational purposes only and should not be considered recommendations or guarantees of performance.

ETFs, like individual stocks, are subject to market risk and can decline in value. While ETFs provide diversification, they do not eliminate investment risk. Dividend payments are not guaranteed and can be reduced or eliminated by the ETF issuer.

MyATMM is a tracking and analysis tool designed to help you monitor your option trading activities. It does not provide investment advice, trade recommendations, or guarantee trading success. All investment decisions should be made based on your own research, risk tolerance, and financial situation.

Always consult with a qualified financial advisor before making investment decisions. Understand the risks involved in options trading before committing capital to any strategy.

Cost Basis Symbol Delete & ETF Search Functionality Added to MyATMM