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Date/Time: Fri, 26 Apr 2024 10:53:09 +0000



Stock option format for IB feed?

View Count: 1547

[2019-01-11 05:34:20]
User389493 - Posts: 16
I would like to look at some stock options in Sierra Chart, using my IB data feed. Is there a simple and reliable way to accomplish this? Or can someone give me an example or two in the correct format?

For instance, in Sierra Chart with IB feed, what would be the correct symbol for the GE Nov25 8 put?
[2019-01-11 05:35:49]
User389493 - Posts: 16
I meant GE Jan25 8 put.
[2019-01-11 06:49:21]
Sierra Chart Engineering - Posts: 104368
Make sure Sierra Chart is connected to Trader Workstation and go to File >> Find Symbol >> Specific Stocks. Select the GE symbol and press the Get Options button.

We are not sure that is going to work properly because we have seen a problem with that for stocks but it is properly implemented on our side but apparently it doesn't work properly on the trader workstation side for stocks but does work properly for futures.
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
[2019-01-11 19:56:44]
User389493 - Posts: 16
Thanks for your answer. I tried that method for GE stock, but when I pressed the "Get Options" button, nothing happened. Likewise for other stock symbols.

Does this mean that there is no way to chart stock options in Sierra Chart? If there is a way, please let me know.

You said that this method works for futures. But when I choose the "Futures" category and clck on a future, the "Get Option" button is greyed out. Am I doing something wrong?
[2019-01-11 21:59:22]
Sierra Chart Engineering - Posts: 104368
This is what we were afraid of. We are getting this error:
Message from IB: Error validating request:-'cq' : cause - Invalid security type - . IB Error Code: 321. Request ID: 1000001. | 2019-01-11 16:05:49

For stocks you will need to manually specify the options. Refer to:
Interactive Brokers Symbols: Options Format

In regards to futures, make sure you select a very specific futures contract month and year. And let us know what the symbol is and we will test.
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
[2019-01-12 01:29:11]
User389493 - Posts: 16
Somehow, I'm not getting it. As you suggested, I went to:
Interactive Brokers Symbols: Options Format
and studied the formats.

Under IB Options, it gave an example of:
SPY-OPT-20100331-110-P-SMART-100-USD
for the SPY put option expiring Mar 31, 2010 at a 110 strike, 100 items.

So for the GE put option expiring Jan 18, 2019 at an 8 strike price, 100 items, I entered:
GE-OPT-20190118-8-P-SMART-100-USD
but it said that the symbol was wrong. I also tried various other combinations like strike 8.00 or expiration 201901, etc, but nothing worked.

In Sierra Chart, I tried File/Find-Symbol, and put my string in the Selected-Symbol box. Or File/Find-Symbol/Stocks/NYSE and then put my string in the Selected-Symbol box. But nothing worked.

Can you show me how to do this right? Or if IB is impossible for this, is there an inexpensive extra data service that I could add to Sierra Trade?

Thank you.
[2019-01-13 17:46:45]
Sierra Chart Engineering - Posts: 104368
If you see a message that says the Symbol Settings are not found you can safely disregard that. That is not a problem.

Make sure you are using the exact contract details including the strike price:
Interactive Brokers Symbols: Accessing Contract Description in TWS for Symbol Details
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
[2019-01-24 21:02:06]
User389493 - Posts: 16
Can you give me one example of the correct format for a stock option using IB data feed? For instance, what is the proper symbol for the SPY 260 put expiring Feb 1 2019?
[2019-01-24 21:46:12]
Sierra Chart Engineering - Posts: 104368
No because we do not know what the true correct format is. We cannot get into the middle of this. You will need to ask Interactive Brokers:
Interactive Brokers Symbols: Contacting Interactive Brokers Support for Symbol Specifications
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
[2019-02-06 23:40:21]
Chad - Posts: 231
I have a similar question...suppose I want to access options for a stock, which is not listed under 'Specific Stocks' in the 'Find Symbol' menu, so presumably must be found from File >> Find Symbol >> Stocks >> Enter Search Text - NYSE/AMEX/NASDAQ, then inputting as an example, 'TLRY-STK-SMART/NASDAQ' or 'TLRY-STK-SMART'...here there is no button for 'Get Options'.

If available at all, how would I access options for a less-commonly-known stock like this?
[2019-02-07 16:16:29]
Sierra Chart Engineering - Posts: 104368
In this case you just need to add those symbols to the Global Symbol Settings:
Global Symbol Settings

But we do not think the options request to Interactive Brokers is going to work properly anyway.
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
[2019-06-10 17:51:03]
Chad - Posts: 231
Is there a way to do a bulk-import/addition of symbols into Global Symbol Settings? I have ~4,000 stocks...I don't see a choice for that in this menu; did a quick search through GlobalSymbolSettings.xml using 'AAPL-STK' as a test, didn't find it. Would it be possible to add directly to the .xml, so long as I uphold the syntax/formatting?
[2019-06-10 22:56:45]
Sierra Chart Engineering - Posts: 104368
Keep in mind in Global Symbol Settings you can also use symbol patterns. You should not have to add 4000 symbols.

Yes you can edit the XML files directly. In newer versions these are located in the Symbol Settings subfolder. Make sure Sierra Chart is not running when you do the edits.
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
[2019-06-11 20:03:38]
Chad - Posts: 231
By 'symbol patterns' you're referring to a 'template' type of generic entry like "????-STK", yes? If so, would I just set 'Use Pattern Matching' in its Settings window to 'yes'?
[2019-06-11 20:58:01]
Sierra Chart Engineering - Posts: 104368
Yes.
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
[2019-06-14 15:54:47]
Chad - Posts: 231
Just a note from IB about stock options format - I don't think this addresses the root issue that SC Engineering mentioned about the 'true correct format' mentioned in post #9, insofar as it must be structured in requests via programming, but here's what an IB tech agent told me:

"Please note for US and CA Stock Options, Interactive Brokers 'localSymbol' abides by the Option Symbology Initiative which already created a unified system. For details please reference the following web page: https://ibkr.info/article/972 "
[2019-06-14 17:09:52]
Sierra Chart Engineering - Posts: 104368
Ok, there was a reason why we are not using the local symbol and instead use the various fields to specify the different elements of an Interactive Brokers options symbol. We think we found it more reliable.

And there is only one format that can be used. So the Local Symbol format is just not supported by Sierra Chart for IB 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
Date Time Of Last Edit: 2019-06-14 17:10:27

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