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Date/Time: Mon, 06 May 2024 02:53:03 +0000

Post From: Trade options based on stock price movement

[2013-05-01 15:44:41] Link To Thread - Link To Post [Go To First Post]
User76625 - Posts: 49
I'm using IB and trying to autotrade options using SierraChart based on the underlying stock price movement. For example, when my code gives a buy signal based on AAPL stock, I want that to trigger an order to buy an AAPL Call Option that I have specified. Basically I have everything set up on the stock chart using ASCIL - custom studies, a trading system based on those studies with hardcoded stops, targets, etc - and it works great. Except that when those things get triggered, I want it to take action to buy/sell options instead of the underlying stock symbol on which those studies are applied. Is this supported?