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@RJM, I'm right there with you. I like that I can fire my orders directly to IBKR from ONE - it's so much easier than the multiple clicks and pasting in my TDA accounts using ONE. While other software is integrated with IBKR like this, none that I've seen have the capabilities of ONE. The...

I don't think there are many brokerages left that don't pass through this Exchange plus other fees, e.g. ORF. Schwab was one but recently announced that they were aligning with TDA and starting to pass through the fees. Given that, I don't imagine anyone not getting those in a TD Ameritrade...

@Jim if you are OK with the above approach, you could pull the options chain of interest and use a VLOOKUP or HLOOKUP in Excel with the [range lookup] parameter set to TRUE. The Lookup function will return the nearest value which should get what you are looking for for strike value based on...

@Jim, I'm interested and watching your question as well. I currently run a quick lookup across the table of quotes that I'm monitoring and snapshotting for history, but that seems so *coarse* :) It will be a mathematical "solve for" Strike instead of calculating Delta from the Price. I've...

@MarkSWinston, I've also found that if I'm working on other RTD feeds from the same source, in other spreadsheet instances, that my other feeds can stop working. Sometimes, and only some of them... ugh. I know this isn't the problem you described, but it's another case of that feed being a...

Thanks for pointing that out, @StefanS! It is really good news for anyone looking to automate or facilitate/assist their trading in TW.

There are really only a couple of other alternatives that I know of. Over the last few years, many option traders have shifted over to OptionNet Explorer (ONE) which has been around for a while, and some are trying out a newer program called Option Traders Assistant (OTA). Each has some...

@garyw, this will be a very interesting a likely profitable, and even sometimes confounding undertaking. The 7-day wide Calendars are nice, as they are always 7-days wide. Anything shorter has a weekend bump in the road causing you to put on a wider Calendar or skip on those days. It should...

The M3.4u is a bullish-leaning trade, whereas the M3 tends to handle selloffs and adverse moves towards the risk side of the trade much better. As I understand it, the M3 is owned by SMB and John Locke doesn't sell the course. It does form the basis for the ROCK trade as well. It's certainly...

@Bhaskar, a concept for consideration as your options trading grows is to consider the underlying. This will come in time as experience grows, but it's something to start getting a sense of. Options, of course, are derivative instruments, and option combos, even more removed from the...

Adding to the very good points that @JerseyJIm has made: If you have OptionsNET Explorer (ONE) or OptionsVue, I'd recommend lots of backtesting to get a sense/feel for how Calendars trade. (Consider even the trial periods to run through tests for getting a sense of this.) Calendars are...

I agree with what you are saying @status1 and while I appreciate Don Kaufman's explanation of MM activity (thanks @Michael for pointing that out, he's very entertaining...😁 ), his example of a long straddle as a representation of a MM's book, it seems counterintuitive. Every move in his example...

I think the concern that is being expressed in all of these articles that are coming out, is that with a large move, everyone will rush to hedge. That is, for example Buy Puts. OK, so the counterparty needs to offload the risk of selling that Put. likely by selling futures contracts. That...

When I trade my IBKR account with ONE, I will have it set up to transmit the order directly through IBKR. Sometimes I'll need to work the order for a fill, but once that fill occurs, I switch back to ONE, F5 to Commit the loaded trade, and I enter the fill price for the combo. That keeps them...

Following this thread. I struggle with the same.

Ahh, good grief. My bad, and completely off topic below. I gave up on the TW API and moved on. I had high hopes... I think it was three years ago when they told me one was coming, imminent, took my info, then wouldn't respond to any queries about status or progress. I saw in a Reddit...

That's awful! I imagine it's to apply a fix that must be critical. Even so, ouch! I think there are still some fairly large desks that work with Tradier as this is a client type that they cater to. They must be getting a lot of blowback. Hopefully, the system is back up before the Close...

@Henri thanks so much for sharing your experience so far with this system! And congratulations on your successful year. Well done, and thanks for the clear and well thought-out summary. I've seen a number of approaches to that downside protection. Most all of them will put a drag on your...

Thanks, @SergB! That's very helpful information. Given the various fees for SPX (SPXW slightly lower), it looks like their commission is around $0.40 per side. The Pro Plan gives full API access, meaning that you can run ONE as well as anything custom if you are doing that sort of thing. I...

@Wayne, I think you are well-versed in Python. Yahoo! is funny about their quotes, as I use ^GSPC to get historical SPX equivalents, but I look under ^SPX for option chains. There's no history on the index there, only a daily quote. Here's a snippet of Python script that pulls historical...