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Actant Quote. The rest would take way too long to explain in this post.

It is not clear to me the the three month WTI will act with the font month which is more what USO is priced vs. It would be best to just look at current pricing. Get a CQG QTrader Free demo and you can see the option prices For the CL futures (They use CLE) to compare to your equity/option...

And yet I did for years.

I was a MM in USO options on the AMEX. It does not track well. This is 5 years of USO. Does it look like a chart of WTI?

The Pairs Trader requires the professional version of Realtick ($325/month) but not the API. It is an order ticket. I do not think it is hard to learn how to use. Look at page 2 of the document. No programing is required. The RealTick for Microsoft Excel add-on I believe requires The...

I have no interest in his code. He is asking for advice but has not provided enough information for an educated response.

I'm not following your comment. I would say my 25 years as an options market maker and 7 years in institutional sales qualifies me for that statement.

Correct, USO is not a good replacement for the WTI future.

We offer Realtick which has a server-side pairs trader. https://www.lightspeed.com/trading-platforms/realtick-pro-and-express/realtick-platform-features/

IMO, I would be careful automating option trading. WIth 15 option markets and unpredictable option spreads and liquidity at each price level, I find for a non-MM that manual executions provide a better results.

Are you asking for last sale data for options?

If you want us to evaluate what you are doing, we will need to see live monthly trading results net of all costs.

This is a true story. I was contacted more than a year ago by an IB customer. He told me he had one PMA and one Reg-T account. The PMA was first. He was told by support that some option positions had better margining in Reg-T so he opened the second account. He was a option seller in VIX...

Master Account with three sub accounts.

Good question. I'm not sure if a margin call not met by the personal account would affect BP in the LLC.

At most brokers, a margin call under one account with the same owner would remove BP from the others.

Are they all in the same name and SS#?

How did you do over the last 5 years with that ratio of L/S or do you evaluate that over time?

No, not easier. But trading Futures has a number of advantages. Leverage (Can be a disadvantage too) 1256 contracts As you said, easy to go short no borrow interest No PDT rule Longer trading hours Less fragmented markets In the end the most important skill is to find a process to make money...

You are looking for a simple answer to a complex problem.