Automated Options Trading Bot in Python

In this video, we implement an automated options trading bot or trading strategy in Python using ThetaData.

DISCLAIMER: None of this video is financial advice. I am not a financial professional and all I am providing here is a programming tutorial. I am not responsible for any financial decisions you make.

◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾
📚 Programming Books & Merch 📚

🌐 Social Media & Contact 🌐

Timestamps:
(0:00) Intro
(0:18) Getting Options Data
(1:52) End-of-Day Trading Strategy
(3:46) Create Trading Signals
(18:24) Backtesting Strategy
(35:24) Advanced Trading Signals
(41:41) Outro

[thisisfabiop]

This is very interesting, but now everybody expects you to come up with a second part of the video, where you explain how to complete the bot with the api of a popular broker (e.g. Interactive Brokers), for a truly set and forget scenario.

[Pampumpum]

You are awesome Im a programmer and I stumbled upon your channel and now I’m addictied to it

[AlexRM]

There seems to be no small problem with the terminology adopted. CALLs and PUTs can be both bought and sold, thus having 4 trading possibilities. In the video both talk about buying calls and, I believe, buying PUTs although the terms "buy" and "sell" are then used. To close a position then one must reverse the open position. In short, it seems to me that the idea is good, but it does not then appear transposable to reality as explained.

[sanyamkarnavat]

Man I was really waiting for videos based on algo trading... Thanks BTW ❤

[ChadHowarth]

Is your use of standard deviation accounting for the fact that this is time series data, or are your signals using future data?

[mrsquiggles]

Good tutorial! You forgot to make the one profit += you put = instead just to lyk

[VladTN]

Can't find the code in the repository for this tutorial ? What's up with that ?

[bipmix]

getting an error message; "can't download thetadata because Apple can't guarantee the source as feree of Malware"...

[MRLeMONaD]

What is the meaning of 390:400 how does that correlate to the dates?

[MRLeMONaD]

What would I delete/add for the real-time options notifications? I have standard not pro.

[Kaustubh]

How can we try this without having an account or password details?

[SolidBuildersInc]

Ha Ha,

Looks like you were about to make a substantial profit with a little more work. Did you explore this stategy anymore since this episode?

Can't imagine it not being impressive.

[connorvaughan]

I'm trying to follow this, but when I run the first bit of code up to the 12 min mark, I get a Call exception over and over. It looks like I'm copying the code exactly and created a free account. Any ideas on how to resolve this?