HI I am looking for an options order input platform usable with Interactive Brokers and I would really appreciate any recommendations? Every month, on the day after expiry day, on about 20 different stocks I trade Diagonal Calls; Buy Long Term Calls with a slightly lower than market strike and at the same time Sell Short Term Calls with strikes a couple of notches higher than the market. The problem is that it takes an age to enter each order and wait for execution etc. I know exactly which options I am going to trade and what I am going to do before the market opens it’s just the executions that take forever. So I am basically looking for some software that connects to IB TWS whereby I can input the symbols and the strikes I want. Then whrn the market opens the software could populate the fields with bids and offers and I can then go in and enter my orders quickly for each symbol and await execution and or change limit orders if required. I am not looking for any super fancy thing giving all the greeks and Volatility etc (I have done all that in the lead up to the open) I just need an easy to use option order input execution platform. As I say, any ideas would be VERY appreciated. Thanks
CBOE Silexx- Has a basket trader- http://help.silexx.com/modules/basket-trader and the position window can filter by expiration.
You can build your own order entry system with the api. You can use multiple languages but you'll need to be an OK coder to get it right. https://www.interactivebrokers.com/en/index.php?f=5041
I believe you can create orders and save them to be transmitted later. The farther you get from native platform, the more headaches, IMO.
Oh, and you can also create .csv file from spreadsheet for a basket of orders, although I only did this for stocks.