diff --git a/freqtrade/utils.py b/freqtrade/utils.py
index cdbbc8163..7d3bd69ed 100644
--- a/freqtrade/utils.py
+++ b/freqtrade/utils.py
@@ -119,7 +119,7 @@ def start_new_hyperopt(args: Dict[str, Any]) -> None:
 
     if "hyperopt" in args and args["hyperopt"]:
         if args["hyperopt"] == "DefaultHyperopt":
-            raise OperationalException("DefaultHyperOpt is not allowed as name.")
+            raise OperationalException("DefaultHyperopt is not allowed as name.")
 
         new_path = config['user_data_dir'] / "hyperopts" / (args["hyperopt"] + ".py")
 
diff --git a/tests/test_utils.py b/tests/test_utils.py
index ce93c328d..1258c939c 100644
--- a/tests/test_utils.py
+++ b/tests/test_utils.py
@@ -9,7 +9,8 @@ from freqtrade.state import RunMode
 from freqtrade.utils import (setup_utils_configuration, start_create_userdir,
                              start_download_data, start_list_exchanges,
                              start_list_markets, start_list_timeframes,
-                             start_new_strategy, start_trading)
+                             start_new_hyperopt, start_new_strategy,
+                             start_trading)
 from tests.conftest import get_args, log_has, log_has_re, patch_exchange
 
 
@@ -491,6 +492,42 @@ def test_start_new_strategy_no_arg(mocker, caplog):
         start_new_strategy(get_args(args))
 
 
+def test_start_new_hyperopt(mocker, caplog):
+    wt_mock = mocker.patch.object(Path, "write_text", MagicMock())
+    mocker.patch.object(Path, "exists", MagicMock(return_value=False))
+
+    args = [
+        "new-hyperopt",
+        "--hyperopt",
+        "CoolNewhyperopt"
+    ]
+    start_new_hyperopt(get_args(args))
+
+    assert wt_mock.call_count == 1
+    assert "CoolNewhyperopt" in wt_mock.call_args_list[0][0][0]
+    assert log_has_re("Writing hyperopt to .*", caplog)
+
+
+def test_start_new_hyperopt_DefaultHyperopt(mocker, caplog):
+    args = [
+        "new-hyperopt",
+        "--hyperopt",
+        "DefaultHyperopt"
+    ]
+    with pytest.raises(OperationalException,
+                       match=r"DefaultHyperopt is not allowed as name\."):
+        start_new_hyperopt(get_args(args))
+
+
+def test_start_new_hyperopt_no_arg(mocker, caplog):
+    args = [
+        "new-hyperopt",
+    ]
+    with pytest.raises(OperationalException,
+                       match="`new-hyperopt` requires --hyperopt to be set."):
+        start_new_hyperopt(get_args(args))
+
+
 def test_download_data_keyboardInterrupt(mocker, caplog, markets):
     dl_mock = mocker.patch('freqtrade.utils.refresh_backtest_ohlcv_data',
                            MagicMock(side_effect=KeyboardInterrupt))