Thanks for the reply.
I was sweeping over 0.1Ghz - 10GHz, everything seemed to be okay. I'll take your advice and not worry about K for now.
Any advice you can give for doing simultaneous matching? Using the tuning tool while observing Zin and Zout just seems like a wild goose chase. Sure, it's helpful to fine tune but I would like to think that there's a more insightful way to approach the situation prior to fine tuning.
Do you match one port so it's ~50% lossless then do the other port? Do you focus on the input or the output first? I have found the iMatch wizard in AWR, though it appears that it can only do one port at a time so by matching the input or output first, the other port is going to throw the matched port off when you begin to adjust it.
Is there any way to do simultaneous matching in AWR?
If you are really trying to do an LNA, then you match the input for optimum noise figure. Usually the best noise match is not a conjugate match. So there often is a trade off between NF and S11. Using lossless feedback, like source degeneration, can sometimes improve the trade off.
Your matching is going to depend on the bandwidth that you need. For a narrow band application, you can usually do a two element match. You should get to the point where you look at the Smith chart and know what topology you need to do the match. You also have to think about how to incorporate the bias elements into the match.
You match the output for gain. You will probably have to add loss for stability. For an LNA you would add that to the output, not the input.
Microwave office has a very powerful optimizer. Once you know your topology, you can set some goals for S11, S22, S21, etc. and push optimize and it will adjust the component values to try to meet the goals. For a simple narrow band circuit you don't need it. It's better to manually adjust or tune things and get a feel of what is going on instead of using automatic methods.