As an active Options trader, maybe I can help a little, but I haven't done what you described with JST or JBT.
I suspect that you don't want to trade UL based on an option's price, but rather it's Delta (or perhaps another of The Greeks<http://en.wikipedia.org/wiki/Greeks_%28finance%29>). If so, the first question should really be, can an option's Volatility or its Delta (or another Greek) be subscribed to in the IB API? Without at least the Volatility, it isn't immediately clear how you could determine how many of the UL to trade. I don't intent to discourage here, so let's try to figure out how to do this. Best, - Martin On Thu, Aug 13, 2009 at 12:14 PM, Lars <[email protected]> wrote: > > Hi everybody! > > I am new to JBookTrader (as well as JSystemTrader) and have spend some > time examining their code so far. My intention is to use JBT or JST to > trade stocks in order to hedge an options portfolio in that same > stock. > > To do this it is necessarry to evaluate the price of one or more > options and trade the underlying stock depending on this price. Has > anyone ever done this? From what I understand it is necessary to use a > seperate strategy for every contract. Is this still the case or can I > access price information for contract B from my strategy trading > contract A? Has anyone ever done something similar? What tips and > hints do you have to make this work? > > Thank you very much in advance! > > Lars > > > --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "JBookTrader" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en -~----------~----~----~----~------~----~------~--~---
