HI
I am looking for an options order input platform usable with Interactive Brokers and I would really appreciate any recommendations?
Every month, on the day after expiry day, on about 20 different stocks I trade Diagonal Calls; Buy Long Term Calls with a slightly lower than market strike and at the same time Sell Short Term Calls with strikes a couple of notches higher than the market. The problem is that it takes an age to enter each order and wait for execution etc. I know exactly which options I am going to trade and what I am going to do before the market opens it’s just the executions that take forever.
So I am basically looking for some software that connects to IB TWS whereby I can input the symbols and the strikes I want. Then whrn the market opens the software could populate the fields with bids and offers and I can then go in and enter my orders quickly for each symbol and await execution and or change limit orders if required. I am not looking for any super fancy thing giving all the greeks and Volatility etc (I have done all that in the lead up to the open) I just need an easy to use option order input execution platform.
As I say, any ideas would be VERY appreciated.
Thanks
I am looking for an options order input platform usable with Interactive Brokers and I would really appreciate any recommendations?
Every month, on the day after expiry day, on about 20 different stocks I trade Diagonal Calls; Buy Long Term Calls with a slightly lower than market strike and at the same time Sell Short Term Calls with strikes a couple of notches higher than the market. The problem is that it takes an age to enter each order and wait for execution etc. I know exactly which options I am going to trade and what I am going to do before the market opens it’s just the executions that take forever.
So I am basically looking for some software that connects to IB TWS whereby I can input the symbols and the strikes I want. Then whrn the market opens the software could populate the fields with bids and offers and I can then go in and enter my orders quickly for each symbol and await execution and or change limit orders if required. I am not looking for any super fancy thing giving all the greeks and Volatility etc (I have done all that in the lead up to the open) I just need an easy to use option order input execution platform.
As I say, any ideas would be VERY appreciated.
Thanks