Automated Options Trading

Brennen81

Junior member
Messages
33
Likes
0
Hello all,

I am looking for a program to automate my option trades. I would like to set the trades for the day in the morning. The specific need would be to have the system to buy ATM options (or next closest) at a specific time and sell/close at a specific time. This would be done 2-5 times per day. for example:


9:33 am - XYZ is 14.62. Buy $14.50 Call options. 10:45 am close position

10:45 am- XYZ is 14:86. Buy $15.00 Put options. 11:54 Close position.

etc.


The only variable is the option contract which is derived from the underlying. The time, option type, and amount would be determined at the beginning of the day for all trades that day.

Are there any programs that you would recommend? I use Interactive Brokers.

Thanks
 
Hi,
normally one writes his own program by using the API of the broker.
The IB API is used by many traders, also many programs have interfaces via this API to IB.
For example NinjaTrader, AmiBroker, ..., but as said most people create their own program that connects to and interacts with IB via the IB API.
The IB API consist of some source files to be included into ones own source code project.
If you need a programmer you can contact me via PM.
 
Top