Wait... I think what I wrote was a little confusing.

Do you plan to calculate the Delta from price movements?

On Thu, Aug 13, 2009 at 1:02 PM, Martin Koistinen <[email protected]>wrote:

> 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
>>
>> >>
>

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