Hi, exactly, I intend to calculate the greeks needed for hedging from the values supplied by JBT or JST. All I need to do this is the Options price and the underlyings price when the remaining options parameters (strike, put or call, expiry, etc) are known.
I will try out the work around proposed by nonlinear5. Which of the two projects would you recomment using for this kind of task? JBT seems to be much more active and making better progress in developement and the replies in this group were much quicker too. On the other hand JBT focuses on market depth if I understood this correctly, which is irrelevant for my kind of trading since I focus on price only. Is JBT still the way to go or would JST have significant advantages which justify the lack of support and slower progress? Thanks you so far for the great help! Lars On Aug 13, 2:08 pm, Martin Koistinen <[email protected]> wrote: > 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 --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
