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Options on NinjaTrader

  #1 (permalink)
OptionsDave
San Diego CA
 
Posts: 12 since Dec 2019
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Finally, NinjaTrader has Options on futures! about 10 years late to the party though.

I've been trading them in simulation, and the interface/process is abysmal from what I have seen.

Does anyone have any tips/tricks? Mainly, is there any way route spreads simultaneously as OCO? Can't believe it's 2019 and we're stuck with single legged option strategies, but I suppose it is brand new still.

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  #2 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
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So here is NT8 Option Chain.....



I recently requested an Option Risk Graph from @NinjaTrader and they told me....


Quoting 
Hello Ronald,

Thank you for writing in.

While we have no current plans to announce on an option Risk graph, I have submitted your inquiry to our development team as a feature request.

Please let us know if we may assist further.

Sincerely,
Chris S
NinjaTrader Platform Customer Service

Super hard to believe, honestly. I feel strongly NT8 Option Chain will never get off the ground without this mandatory tool. We need to be able, in addition, to send multiple legged orders all together as a calendar spread or butterfly etc etc etc for example.

I don't really feel like I'm asking for the world here. This is very basic.

My next email in response to NT was this....


Quoting 
Here is what NinjaTrader needs to have to be considered serious regarding options......this 3min video from TradeStation has great stuff and NinjaTrader needs similar tools......otherwise it's only lip service concerning options......


Please pass this along to whoever needs to be convinced.
Thank you kindly
Ron

They then responded with this.....


Quoting 
Hello Ronald,

Thanks for your reply.

The internal tracking number for your feature request is SFT-4458. Please reference this internal tracking number if you ever have questions regarding this feature request.

When a feature request is implemented, you'll find it in the release notes:

https://ninjatrader.com/support/helpGuides/nt8/en-us/?release_notes.htm


Sincerely,
Tyler M
NinjaTrader Platform Customer Service

Trouble is.... with Ninja's current feature request system it is based off of how many people request said feature...not.... what actually makes sense like an Option Risk Graph.....and the ability to send multi-leg orders.

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
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  #3 (permalink)
 
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For clarity, NinjaTrader options support will be released in multiple phases.

Phase I - Options trading support (basic) including Options Chain Window (Released)
Phase II - Support for multiple legged orders (just entering specification process --> no ETA for release)
Phase III - Analysis (risk graph as you put it) --> No ETA

Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
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  #4 (permalink)
 
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 Blash 
Chicago, IL
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NinjaTrader View Post
For clarity, NinjaTrader options support will be released in multiple phases.

Phase I - Options trading support (basic) including Options Chain Window (Released)
Phase II - Support for multiple legged orders (just entering specification process --> no ETA for release)
Phase II - Analysis (risk graph as you put it) --> No ETA

I think you guys must mean Phase III for the last phase....correct???......Or are you doing both at once?

With regard to the term Risk Graph.... I'm not making stuff up here..... it's a common term...

https://nexusfi.com/investopedia.com/terms/r/riskgraph.asp

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #5 (permalink)
 
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Blash View Post
I think you guys must mean Phase III for the last phase....correct???......Or are you doing both at once?

With regard to the team Risk Graph.... I'm not making stuff up here..... it's a common term...

investopedia.com/terms/r/riskgraph.asp

Ron

Thanks for the education, I am not an Options guy. These are terms I was using. Yes, Phase III. I will correct the post.

Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
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 sam028 
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@Blash: the thing which would be very useful is a programmatically way to:
- get a list of the symbols for an underlying (possibly filtered by expiration dates)
- subscribe to these symbols to get real time data
If this is possible then creating some AddOns which will show a risk graph or able to send complex/legged orders would be doable.
This should already exists internally, as the Option Chain tool is working for Kinetick/IQFeed/IB and Continuum, it simply have to be available for coders.

@NinjaTrader, what do you think? It may be a good solution to let external developers work on this.

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  #7 (permalink)
 
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sam028 View Post
@Blash: the thing which would be very useful is a programmatically way to:
- get a list of the symbols for an underlying (possibly filtered by expiration dates)
- subscribe to these symbols to get real time data
If this is possible then creating some AddOns which will show a risk graph or able to send complex/legged orders would be doable.
This should already exists internally, as the Option Chain tool is working for Kinetick/IQFeed/IB and Continuum, it simply have to be available for coders.

@NinjaTrader, what do you think? It may be a good solution to let external developers work on this.

Providing NS access is something slated to explore during Phase III.

Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
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  #8 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518


NinjaTrader View Post
Providing NS access is something slated to explore during Phase III.

So way far away in the future.... with no time table....... stinko.... IMHO

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote




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