Yes, I think JST is more suitable for this, unless you intend to incorporate Depth into your strategies. Although, if you need 1-sec 'prices', you'll want to be looking at JBT again as you can use the mid-point of the Market Depth as a 1-second price value.
On Thu, Aug 13, 2009 at 1:34 PM, Lars <[email protected]> wrote: > > 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 -~----------~----~----~----~------~----~------~--~---
