Join the 80,000 other DTN customers who enjoy the fastest, most reliable data available. There is no better value than DTN!

(Move your cursor to this area to pause scrolling)




"Interactive Brokers tick data was inconsistent, so I have switched to using DTN exclusively. It is great to no longer have to worry about my datafeed all day long." - Comment from Philippe
"Thank God for your Data Feed as the only Zippers I see are on my pants (LOL), and no more 200 pip spikes to mess up charts." - Comment from Spiro via Email
"I will tell others who want to go into trading that DTN ProphetX is an invaluable tool, I don't think anyone can trade without it..." - Comment from Luther
"DTN feed was the only feed that consistently matched Bloomberg feed for BID/ASK data verification work these past years......DTN feed is a must for my supply & demand based trading using Cumulative Delta" - Comment from Public Forum Post
"I used to have *******, but they are way more money for the same thing. I have had no probs with data from DTN since switching over." - Comment from Public Forum Post
"I've been using IQFeed 4 in a multi-threaded situation for the last week or two on 2600 symbols or so with 100 simultaneous daily charts, and I have had 100% responsiveness." - Comment from Scott
"There is no doubt that IQFeed is the best data provider. I am very satisfied with your services. And IQFeed is the only one that I would recommend to my friends. Now, most of them are using your product in China." - Comment from Zhezhe
"My broker in Davenport suggested I give you a try as he uses your service and says its the best." - Comment from Bill via RT Chat
"I just wanted to say how happy I am with your service. I was able to download the API docs last week and I was able to replicate Interactive Brokers historical bar queries and realtime bar queries over the weekend. That was about one of the fastest integrations that I've ever done and it works perfectly!!!!" - Comment from Jason via Email
"Everything is working great with the API. I love it." - Comment from Calvin
Home  Search  Register  Login  Recent Posts

Information on DTN's Industries:
DTN Oil & Gas | DTN Trading | DTN Agriculture | DTN Weather
Follow DTNMarkets on Twitter
DTN.IQ/IQFeed on Twitter
DTN News and Analysis on Twitter
»Forums Index »Archive (2017 and earlier) »IQFeed Developer Wish List »Option chain retrieval should include vitals
Author Topic: Option chain retrieval should include vitals (6 messages, Page 1 of 1)

FullyArticulate
-DTN Guru-
Posts: 332
Joined: Sep 22, 2005


Posted: Jan 26, 2006 12:14 AM          Msg. 1 of 6
Right now, if I want to download an option chain and display it to the user, I must query the chain, then watch and immediately unwatch each individual symbol in order to determine the strike price, expiration date, and right.

It would be really helpful if the option chain query returned something like:
symbol,right,strikePrice,daysToExpiration\n

So, for example, a query on NFLX would return entries that look like:
QNQ BY,call,27.5,23
QNQ BE,call,25,23

Better yet, include the contract muliplier (100, 150, whatever).

Thanks for listening!

DTN_Jay_Froscheiser
-VP, Product Operations-
Posts: 1746
Joined: May 3, 2004

DTN IQFeed/DTN.IQ/DTN NxCore


Posted: Jan 26, 2006 08:27 AM          Msg. 2 of 6
We will take a look at this. We do have the multiplier in our ticker plant, and will put it on the list of items to add to IQFeed in future releases.

Jay Froscheiser
DTN - Trading Markets

EspressoE
-Interested User-
Posts: 30
Joined: Mar 8, 2006


Posted: Mar 13, 2006 03:45 PM          Msg. 3 of 6
Is the contract multiplier already supplied somewhere? I have a need for it to flag non-standard Index/Equity options.

FullyArticulate
-DTN Guru-
Posts: 332
Joined: Sep 22, 2005


Posted: Mar 13, 2006 04:03 PM          Msg. 4 of 6
Sadly no. DTN says they have the data available, but it's not part of the feed.

Still, multiplier isn't really the complete picture. For example, if I do a query of options for FRO, it returns both FXW and FRO-rooted options for the next few months. FRO options are for a normal 100 shares of FRO. FXW are for FRO shares + shares of another company. How that's represented in a multiplier, I'm not sure. A "non-standard" flag would be nice. :-)

EspressoE
-Interested User-
Posts: 30
Joined: Mar 8, 2006


Posted: Mar 13, 2006 04:17 PM          Msg. 5 of 6
Yes, it does get difficult. I currently download the OCC memos and insert the adjustments by hand into my own simulation system. For example, the FXW options that you mentioned have an actual deliverable of FXW = FRO + .05 (SFL) according to the OCC's latest memo:

http://www.optionsclearing.com/market/infomemos/2006/feb/21475.pdf

Thinking about it, one way to do it would be to flag an option contract as non-standard and provide a text equation like "FXW = FRO + .05 (SFL)", the contract multiplier, and a human description of the memo information. For most cases, it should be possible to provide a machine-parseable equation, although the grammar may not be trivial to handle all cases.

I wonder if DTN has the memo information available in a better format than the OCC's online PDF format and if it's possible for them to make it available.
Edited by EspressoE on Mar 13, 2006 at 04:17 PM

FullyArticulate
-DTN Guru-
Posts: 332
Joined: Sep 22, 2005


Posted: Mar 13, 2006 07:39 PM          Msg. 6 of 6
The formula would be really neat. I'm currently working on an option opportunity finder. The current best deal in the S&P 100 is to sell BAC Mar 32.5 Puts for $5.30.

BAC is currently at $45.95 and hasn't seen 32.50 for 3 years.

Obviously something else is up, but my tool isn't smart enough to know that it's FAR too good to be true rather than just a little too good to be true. :-)
 

 

Time: Mon February 26, 2024 8:44 AM CFBB v1.2.0 18 ms.
© AderSoftware 2002-2003