- ago
Just making a request for feature (even if paid extension). Is there any interest in creation of building blocks for Options trading?

I'm a "hobbyist" c# programmer (I actually learn a lot coding building blocks then converting to C# code), so I think it would help my potential options (pun intended) if there were some basic building blocks for fetching options chains, calculating a "best buy", incorporating the "expected turn" of the market for the underlying security (and deciding which type of strategy to employ [covered call/etc]), fetching Greeks (including from IQFeed, Schwab (when it goes live), Fidelity), and executing at various price points (limit/mid/bid/ask).

Thanks!
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Cone8
 ( 23.86% )
- ago
#1
Options and strategies that use them are complicated. Generally, you can't backtest them except when using the Synthetic contracts. Greeks and IV are not available historically. Don't get your hopes up for this one.

Also, IQFeed doesn't supply the greeks on the API - you have to invent them yourself.
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- ago
#2
Got it. Thanks for the response, Cone.
Hopefully Schwab will have the Greeks (supposedly they should), whenever their API comes live.
I will continue trying to trudge through learning the coding for Options via the examples available thus far. (And please post up more, if/as they become available!)
Thanks again.
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