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2023 wrapped up!

Trades 39-43 for the algo

streamables got rid of my gif.. reposted

The algo buys the vol puts, max spend is i.e. 500 fixed. Long put, my risk is that 500, ill buy an spx vertical spread where the reward is close to, but above 500. Then I manage the pairs inverse relationship through the expiration cycle.

These are all algo driven trades, each trade is hedged, dollar for dollar. I'm only posting the volatility side of things for now. please critique if you see some flaws or bad math constructive criticism is greatly appreciated

I think you misunderstand my post. We are only talking about calls, PUTS were never part of the equation.. I use pt (point), 10 point spread. If I buy a 10 point debit spread with calls for 4.50, my reward would be 5.50. If i sell an ATM 10 point credit spread with calls, AFTER the price...

>.... oops

My coding is very basic..

Please show/explain how selling a more expensive, ATM, 10 pt spread, when you own an ITM 10 pt spread, is adding risk? I wanna know if I'm missing something...

I'm just winging this if (stock_price_a - stock_price_b) < x: send email

ODTE... price starts at 3985. Lets say its a 3990/4000 call spread on spx, (this will only work if there are available strikes between your strikes) Lets assume the price goes to 4005 Original trade is ITM now Sell a call spread against the ITM debit spread. ie the 4005/4015 and take in...

Easy script to write, What broker do you use?

Option Liquidity in vxx is great, that's my reason

With the specifics of my system, im aware of how many buys should happen, when that number is surpassed, something is wrong.. I ran into this issue with a simple syntax error, where invalid trades were being placed repeatedly, i was able to save 50% of my cash but i did learn a valuable lesson...

In essence that's what I have done.. my program is automated so I used the account values endpoint that pulls up what you see as the account management window. I grabbed cash balance and net liquidity, and save it to a csv. When I run my program it finds the csv, and the static snapshot, of the...

Still open to ideas, my solution is really just a shitty bandaid, ive already found holes in it, that are too cumbersome to adjust on the fly.

Thanks for this.. this was the same suggestion I got from IB. Along these lines I scripted my code to assign the cash value to a variable that only happens once a day at 930 so as my cash changes, that one variable stays static. all is well once again! N2M

Does anyone know where I can find the start of day balance? I'm trying to code a killswitch if the value of the account drops by a certain percentage from the start of day value. Thanks P.S. I'm also open to any ideas that accomplish the same thing with the available IB api requests.

Thanks @daytrader_Canada

Can you hold overnight?