Coding an Options Trading Algorithm in Python - Code Along

In this video, we're going to code an options trading algorithm inside of the QuantConnect platform using Python. Feel free to code along.

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[leu]

Man you channel is a pure gold! Thank you so much!

[accountantguy]

This video was excellent! You said to let you know if we would like to see a more advanced options trading video with multiple legs. That would be awesome!

[mikealfandre]

This video was awesome. I would definitely be interested in another more in-depth options trading algorithm

[markopollo]

One strategy to explore could be an equity trend following strategy with an options overlay. The trend following protects against a protracted bear market (2008) while the options component protects against a short snap like COVID. Would be even better if it had another target like TLT to “rebalance” with like a 60/40 portfolio - potentially converting options windfalls into equity and treasury “rebalance” purchases.

[willberger]

Thank you Lois! So helpful! Would love for you to do more options trading strategies.

[willberger]

Louis, thanks for another great lesson! Your videos are the best!

[justinong]

at 14:00 you mention that we return the BuyPut function because it takes a whole iteration for the algorithm to process the data. Does this mean that if for example today, the volatility crosses the predetermined threshold, we only buy the put contracts tomorrow?

[danube]

I would love to see a multi leg option strategy..But perhaps also selling VOL option spreads in HIGH IV environments.

[SamS-ynff]

Amazing tutorial. Thank you for creating and sharing. Looking forward for tutorial on multi-leg option strategy.

[abhinasneupane]

Wow amazing video, being waiting for this type of content forever. Is it possible to make video of selling options? Ty in advance

[mikenv]

This is great stuff. Would you be able to create one for selling puts?

[jiaminzhu]

Wow. Is there a way to let it place live order in my broker (interactive broker)? I want to try it first to execute my exit strategy, namely calculating price and placing limit order to take profit. I always want to use code to manage my exits.

[bipmix]

GREAT VIDEO...I cloned the code but got an error message saying "unable to load python "module",

[NdudePYTC]

Hi Louis! I tried cloning your algo on quant connect, but it does not work anymore. Are you planning on updating this algo? Thanks!

[SamS-ynff]

Thank you for great lesson. Still waiting and looking forward for tutorial on multi-leg option strategy. May I request for it again?

[EHoser]

Good video, thanks. There seems to be many ways to trade options at QC. Yours seems most efficient. The examples I've seen there are nothing like this. Plus it took me about a day and a half to find the Liquidate method. All of their examples seem to only open option positions and never close them. I tried selling long options or buying short ones back but they remain open and get assigned.

Is there any way to find out when their options data starts for a given underlying?

[tb]

I like your videos a lot. But the code in this one does not compile for me. I get the following error: "No module named

[JonT-cwco]

Does OptionChainProvider now support greeks?

[amuzatadebayo]

You are doing great. Great Video. God bless you

[flochforster]

Hello! I wanted to ask why you got one option contract for every 90 shares of the underlying. I thought one option contract covers 100 shares