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Alternative Software That Connects To IB That Shows Complex Option Chains
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Alternative Software That Connects To IB That Shows Complex Option Chains

  #1 (permalink)
Trading Apprentice
Futures Experience: Beginner
Platform: TradeStation
Favorite Futures: Emini ES
Posts: 12 since Apr 2015
Thanks: 6 given, 1 received

Alternative Software That Connects To IB That Shows Complex Option Chains

Hello Traders,

I trade options with Interactive Brokers and am happy with it for the most part. The one thing that drives me batty is working with option spreads. If I want to see a few at a time, I have to create the spread, one leg at a time and then drag them over to TWS. This is both time consuming and error prone since it is easy to grab the wrong strike. TOS makes it very easy to view an option chain of combos, screenshot of TOS GOOGL iron condors here:
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I would like to keep the option trades at IB, but is there another software package that has the functionality that I am requesting that will also place trades with IB and not effect execution?

In short, I am looking for a surrogate for TWS.

Thank you.

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  #2 (permalink)
Site Administrator
Manta, Ecuador
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
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IB is not a popular platform for options traders on (formerly BMT) due to not following SPAN margins on some popular instruments.

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