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EL/PL for FOPs?


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EL/PL for FOPs?

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Ghappy21
plano TX/USA
 
 
Posts: 20 since Feb 2021
Thanks: 1 given, 24 received

I would like to automate some simple strategies using Options on /ES & /NQ. I am attracted to EL/PL, as I am new to programming.

In the TS/EL reference guide I see many useful functions for finding a strike & expiration based off current underlying price. (great!) However I am not so sure that I can trade FOPs with TS/EL. At TradeStation, FOPs are traded on a separate "FuturesPlus" platform. It seems that OptionsStation is not about futures options.

I lean towards MC/PL for Portfolio Trader and using a single integrated account at IB. I checked the MC/PL reference guide and I do not see any of the option-related functions that I found in the EL reference guide.

Am I missing something or is TS/EL or MC/PL not the right path for automating trading options on futures?

Thanks in advance for any insights or guidance.

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Last Updated on March 7, 2021


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