Automate options trades?

Discussion in 'Automated Trading' started by hlpsg, Dec 7, 2009.

  1. hlpsg

    hlpsg

    Hi, are there any good platforms out there that allow you to autotrade an options portfolio? Any that give you inputs like real-time P/L, IV, delta, gamma, theta, vega? thanks.
     
  2. That's a toughy...

    First issue is it depends on how you're going to trade. If it's going to be an intraday model and running multiple legs, like deltas, you'll want to be using Bid/Ask rather than Bar Data for obvious reasons. The connecting issue is you're expected to handle a whole lotta... I mean lots of data...

    Unless you have both the hardware / software to handle them comfortably... I wouldn't recommend any automation for Options.

    Software wise... I can guess there are some retail packages but.... still...

    Options Automation = Whole lotta DATA...

    As mentioned... if you expect to initiate a trade based on a set time interval and just want the real-time P/L... then I'm sure there's plenty...