Calibration Web Pages
Calibration Web Service
OptionBot Rental

OptionBots are available for rental.  You may use one of ours or we can construct one to meet your explicit needs. 

Currently Available OptionBots

Note that all currently offered bots run simulations only, but we expect to have live bots available soon.  We can run these bots on our one-minute time-sliced data with your parameters or build a bot to test your strategy.  (A test bot that successfully proves a particular strategy is ninety percent of a live bot that can implement that strategy. )

Backspread QQQ SimBot

Constructs both put and call backspreads on the QQQ options. 

Ratio Spread QQQ SimBot

Constructs put and call ratio spreads on the QQQ options.

Backspread OEX SimBot 

Constructs put and call backspreads on the OEX options.

Backspread OEX SimBot 

Constructs put and call ratio spreads on the OEX options.

Each of these bots allow you to specify, for example, the desired initial credit, target exit profit, desired targets for Greeks, and desired realized volatility targets.

Fill out our contact form if you would like to use either of these bots or have one constructed to your specifications. 

What is an OptionBot?

An OptionBot is a robot (actually just software) that trades options.  It is really a number of software components that all work together to make a successful options trading system. 

Here is what each component does:

The Data Acquisition Engine

collects market information and feeds it to the calibration engine.

The Calibration Engine

computes the Greeks, the realized volatility, and the calibration number for each option, and writes them to the database.

The Database

stores all of the market information and the related calibrations.

The Spread Picker

gets the market and calibration information from the database, uses it to identify and select candidate spreads, and passes that information to the account manager.

The Account Manager

gets selections from the Spread Picker every minute that there are any available.  The Account Manager evaluates the potential opportunities using criteria set by the user, and decides which spreads, if any, to purchase.  It also looks at the current market information and the user's exit criteria to see if it is time to get out.  Any decisions to enter or exit positions are passed to the Auto-trader.

The Auto-trader

is connected to a brokerage account or to a paper account.  It executes decisions made by the Account Manager.