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Direct MessagesDate/Time: Fri, 03 May 2024 14:12:03 +0000
trading options
View Count: 5550
| [2016-01-18 10:08:03] |
| User411334 - Posts: 38 |
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Please support can you give me a hint on trading options with sierra chart. Is it possible and how can i do this? I am using oec and can not find anything related to options yet.
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| [2016-01-18 10:25:18] |
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You can chart and trade OEC options from Sierra Chart. You just manually enter the option symbol through File >> Find Symbol in the Selected Symbol box. You can determine the option symbols through the OEC Trader software. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2016-01-18 18:20:01
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| [2016-01-18 18:20:23] |
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We need to make a correction. In the prior post we meant "You can determine the option symbols through the OEC Trader software".
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2016-12-21 17:21:17] |
| User972044 - Posts: 154 |
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What's OEC Trader Software? I currently trading Options through IB and am subscribed to the market data for both Canadian and US options. So if I use this OEC Trader Software, do I still have to subscribe to those market data with IB or can I get market data from this OEC Trader Software? Also can I use the ASCIL custom studies files for trading Options? Thanks |
| [2016-12-21 18:04:33] |
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This is the trading software from Gain Capital. We do not recommend that service. Another alternative for futures options is the CQG trading platform service: http://www.sierrachart.com/index.php?page=doc/CQGTrading.php If you are using Interactive Brokers to trade options, you do have to subscribe to the market data through Interactive Brokers. Yes you can use ACSIL for trading options. Refer to: http://www.sierrachart.com/index.php?page=doc/ACSILTrading.html Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2016-12-21 18:27:07] |
| User972044 - Posts: 154 |
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So how do I trade Options using Sierra Charts while with IB as my broker? Does Sierra Charts support Option trading? How do I find symbols in Sierra Charts for options at IB? Thanks |
| [2016-12-21 18:29:56] |
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Yes you can trade options when using Sierra Chart when it is connected to Interactive Brokers. For the options symbol format, refer to this page: http://www.sierrachart.com/index.php?page=doc/IBSymbols.html Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2016-12-21 19:00:01] |
| User972044 - Posts: 154 |
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First for options symbols, the multiplier, does that include the 100 shares or just the multiplier itself? Let's say you want to trade 35 of the 100-share option, so do you put 3500 in the "Multiplier" field or just 35? Second is the symbol in string format? Can I convert numbers into string to be put into that symbol? Thanks and Happy Holidays if I don't need to talk to you again. :) Date Time Of Last Edit: 2016-12-21 19:00:33
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| [2016-12-21 19:08:38] |
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Let's say you want to trade 35 of the 100-share option, so do you put 3500 in the "Multiplier" field or just 35? You need to use a valid multiplier. When you enter the Symbol in the Interactive Brokers Trader Workstation, you can see all of the valid multipliers.Second is the symbol in string format? Can I convert numbers into string to be put into that symbol? Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2016-12-21 19:13:49] |
| User972044 - Posts: 154 |
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Let's say you want to trade 35 of the 100-share option, so do you put 3500 in the "Multiplier" field or just 35?
You need to use a valid multiplier. When you enter the Symbol in the Interactive Brokers Trader Workstation, you can see all of the valid multipliers. It's the same multiplier that I use here when trading in options with Sierra Charts? |
| [2016-12-21 19:15:36] |
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Not sure we understand the question. It will be best to ask Interactive Brokers this question. Whatever you specify for the multiplier in the overall symbol is exactly what is provided to Trader Workstation in the option contract specification. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2016-12-21 19:30:58] |
| User972044 - Posts: 154 |
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IB also offers several different SMART order routing algorithms as follows: SMART Option Routing Algorithms Choose how to route a smart-routed, non-marketable options order. SMART Multipurpose (SMART) - this is the basic smart-routing algorithm. Routes your non-marketable order to the default exchange for the instrument . SMART Maximize Rebate (SMART MaxRebate) - Routes the order to the exchange offering the highest rebate. SMART Prefer Rebate (SMART PreferRebate) - Routes the order with the bias toward getting a rebate vs. getting the order filled. SMART Prefer Fill (SMART PreferFill) - Routes the order with the bias toward getting a fill vs. getting a rebate. SMART Maximize Fill (SMART MaxFill) - Routes the order with the sole objective of getting a fill. Are those available when specifying "exchange" in the symbol when trading via Sierra Charts? I only found "SMART" as the exchange in the symbol in the documentation for Option Format. Thanks Date Time Of Last Edit: 2016-12-21 19:31:52
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| [2016-12-21 21:37:28] |
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The question is whether those are specified through the exchange field in the overall symbol or some other way. We do not know. You can set the exchange to whatever you want. It can be SMART or whatever. So you have no restriction there. You are not limited to what the documentation specifies. The exchange field is a free-form field that can be set to anything. So you could try setting the exchange to SMART MaxRebate. This will be just fine. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2016-12-21 21:38:30
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| [2016-12-21 22:50:44] |
| User972044 - Posts: 154 |
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Date Time Of Last Edit: 2016-12-22 15:10:23
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| [2016-12-22 04:11:10] |
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There is a hidden post here we assume does not need to be answered.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2016-12-22 04:11:18
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| [2016-12-22 04:37:29] |
| User972044 - Posts: 154 |
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Yes that would be correct. I strongly suggest Sierra Charts to implement a function that allows users to delete posts that they no longer wish to be answered. That way the technical support would not need to waste time and energy tending to posts that are hidden because the user could not delete it like in this situation. Thank you for your attention still. I appreciate it. |
| [2016-12-22 04:44:00] |
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Here are instructions for that: Support Board Posting Information: Editing and Hiding a Post Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2019-12-03 16:19:26] |
| grayfrog - Posts: 35 |
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To clarify. Are there options tables in SC? |
| [2019-12-03 18:36:33] |
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You really have to manually create the tables of options.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2019-12-03 20:41:46] |
| grayfrog - Posts: 35 |
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You have to manually create the options tables? These are dynamic moving instruments. Unless I am really missing something it seems a bit of a stretch to say that Sierra has option trading functionality. Again, its an amazing platform and you guys have truly done an incredible job but I'd have to say this one seems like a bit of an oversight. |
| [2019-12-05 04:01:57] |
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To the extent we will expand upon options functionality it would only be with our own data feeds and nothing else. For example, this functionality would never be offered to be used with Interactive Brokers.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2019-12-05 04:02:37
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| [2019-12-18 23:58:34] |
| grayfrog - Posts: 35 |
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I don't mind where the options data feed comes from but to trade options you need true options tables that are dynamic and real time. Is there anything in the pipeline to have functional options tables for a certain equity or future?
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| [2019-12-23 03:34:23] |
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Not for a while. It will be quite some time before we can get to this.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2019-12-23 04:09:23] |
| grayfrog - Posts: 35 |
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Understood. I appreciate all the time and work you put into Sierra as it is. Quite impressive.
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| [2019-12-23 14:23:31] |
| seandunaway - Posts: 213 |
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SC is infinitely better than NT, but it is relevant that NT8 just released their option chain last week.
Date Time Of Last Edit: 2019-12-23 14:37:24
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 nt8options.png / V - Attached On 2019-12-23 14:23:05 UTC - Size: 45.4 KB - 550 views |
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