Algorithmic Trading Using Python #12 - Options Trading

[@TradeOptionsWithMe]

You can clone the code from this video here: www.quantconnect.com/forum/discussion/12318/algorithmic-trading-video-series-12-options-trading/p1?ref=towm Also, make sure to check out this video in which I cover another options trading strategy using the OptionChainProvider: kzbin.info/www/bejne/gqKQg5xtjrponLc

[@jacobnotte3699]

The demand is there! I love your videos man. Thank you for this series, it is truly changing my life. I'd love to see how you go about implementing different strategies in the next one 😁❤

[@TradeOptionsWithMe]

Thanks for the positive feedback!

[@Jobrhn]

It would be great to see a video where you sort the options chain by Delta to pick the strike. Also would like to see implementing a spread

[@Tom-bd8yh]

Yes, that would be great!

[@Tom-bd8yh]

Hi Louis, many many thanks for your great tutorials. And yes, tutorials for butterfly trading on QC would be great. Here are a few things that would interest me: calculating the overall position greeks and adjusting the butterfly using greeks. Keep the good work coming! 🚀🚀🚀

[@MarcellToth-wh6kk]

Hey Louis. Could you create the more complex multi legged version of the video? Awesome work :)

[@behzadhassani13]

Very great video, thank you for the content! I was wondering if you have implemented a more complex option strategy such as credit or debit spreads?

[@Xter508]

I've been watching all your videos in QC's bootcamp - thank you for your hard work! Is it possible to conduct calculations on equity/options data locally? Right now, it sounds like I have to recode all the strategies, indicators, and classes in QC's lab environment. From what I understand, there is a LEAN package for local backtesting, but doesn't allow access to equity and options data.

[@ethernetwink7230]

would we just have to change all the word call to put for this to buy puts??

[@thewheeldeal8439]

Could you please make a video on placing strategies like vertical credit spreads? Specifically if there's any command to combine the short and long order together so that the margin required is the difference between strike prices? My backtesting keeps saying I don't have sufficient margin to sell the short part of the call/put but then still buys the other half and its real messy.

[@TonyWang-dt2uw]

The following error occurs when running the code, any idea how to fix it? Algorithm.Initialize() Error: During the algorithm initialization, the following exception has occurred: Loader.TryCreatePythonAlgorithm(): Unable to import python module ./cache/algorithm/project/main.pyc. AlgorithmPythonWrapper(): No module named 'QuantConnect.Data.Custom.CBOE'

[@gauravagarwal2900]

Thanks a lot for the video. People are charging for these kind of information. Really appreciate your effort. I have a question for you though-- What if I want to build an algo to search from a particular watchlist which is manually maintained each day instead of hardcoding the stock name in the code?

[@TradeOptionsWithMe]

There are multiple ways to do this. You could manually add it as a parameter every day. Alternatively, you could save the custom watchlist to a Dropbox file (or other accessible repository) and then import it as custom data.

[@davideldringhoff1253]

How do you adjust the option_invested line to check for portfolio investments in multiple options? I'm trying to build an algo that buys calls for both SPY and QQQ and cant figure out how to check for portfolio invested status for options. This will give me a list but wont distinguish between SPY and QQQ.

[@senthilp2671]

Hi Louis, Thanks for the great informative video. I have few questions to contact you for my QC trading strategy coding. I wonder how to get in touch with you. Let me know.

[@TradeOptionsWithMe]

The best way is through YT comments. For private questions, you can reach me through email: [e-mail] But note that I don’t code for anyone else and if you want general advice on your algorithm, the QC forum is a great place to ask

[@SathishKumar-cg8er]

nice one bro

[@GuyFawkes911]

great video again