Join the 80,000 other DTN customers who enjoy the fastest, most reliable data available. There is no better value than DTN!

(Move your cursor to this area to pause scrolling)




"Thanks for all of your help. Great customer service deserves to be recognized which one the reasons I've been a customer of DTN for over 10 years!" - Comment from Stuart
"Thanks for following up with me. You guys do a great job in tech support." - Comment from Phelps
"Just a thank you for the very helpful and prompt assistance and services. You provided me with noticeably superior service in my setup compared to a couple of other options I had looked at." - Comment from John
"If you are serious about your trading I would not rely on IB data for serious daytrading. Took me a while to justify the cost of IQ Feed and in the end, it's just a 2 point stop on ES. Better safe than sorry" - Comment from Public Forum
"I noticed that ******* quotes locked up shortly after the interest rate announcement yesterday while yours stayed stable." - Comment from Ron in Utah
"You are much better than lawyers or the phone company because you answer the phone when I call! I just love your customer service." - Comment from Isreal
"Thanks for the great product and support. During this week of high volume trading, my QuoteTracker + IQ Feed setup never missed a beat. Also, thanks for your swiftness in responding to data issues. I was on ******* for a few years before I made the switch over early this year, and wish I had done it a long time ago." - Comment from Ken
"I just wanted to tell you what a fine job you have been doing. While *******, from what I hear, has been down and out, off and on, IQ feed has held like a champ this week." - Comment from Shirin
"This is an excellent value, the system is generous (allowing for 500 stocks) and stable (and really is tick-by-tick), and the support is fantastic." - Comment from Shirin via Email
"DTN has never given me problems. It is incredibly stable. In fact I've occasionally lost the data feed from Interactive Brokers, but still been able to trade because I'm getting good data from DTN." - Comment from Leighton
Home  Search  Register  Login  Recent Posts

Information on DTN's Industries:
DTN Oil & Gas | DTN Trading | DTN Agriculture | DTN Weather
Follow DTNMarkets on Twitter
DTN.IQ/IQFeed on Twitter
DTN News and Analysis on Twitter
»Forums Index »IQFeed Developer »IQFeed Developer Wish List »Option chain retrieval should include vitals
Author Topic: Option chain retrieval should include vitals (6 messages, Page 1 of 1)

FullyArticulate
-DTN Guru-
Posts: 331
Joined: Sep 22, 2005


Posted: Jan 26, 2006 12:14 AM          Msg. 1 of 6
Right now, if I want to download an option chain and display it to the user, I must query the chain, then watch and immediately unwatch each individual symbol in order to determine the strike price, expiration date, and right.

It would be really helpful if the option chain query returned something like:
symbol,right,strikePrice,daysToExpiration\n

So, for example, a query on NFLX would return entries that look like:
QNQ BY,call,27.5,23
QNQ BE,call,25,23

Better yet, include the contract muliplier (100, 150, whatever).

Thanks for listening!

DTN_Jay_Froscheiser
-VP, Product Operations-
Posts: 1746
Joined: May 3, 2004

DTN IQFeed/DTN.IQ/DTN NxCore


Posted: Jan 26, 2006 08:27 AM          Msg. 2 of 6
We will take a look at this. We do have the multiplier in our ticker plant, and will put it on the list of items to add to IQFeed in future releases.

Jay Froscheiser
DTN - Trading Markets

EspressoE
-Interested User-
Posts: 30
Joined: Mar 8, 2006


Posted: Mar 13, 2006 03:45 PM          Msg. 3 of 6
Is the contract multiplier already supplied somewhere? I have a need for it to flag non-standard Index/Equity options.

FullyArticulate
-DTN Guru-
Posts: 331
Joined: Sep 22, 2005


Posted: Mar 13, 2006 04:03 PM          Msg. 4 of 6
Sadly no. DTN says they have the data available, but it's not part of the feed.

Still, multiplier isn't really the complete picture. For example, if I do a query of options for FRO, it returns both FXW and FRO-rooted options for the next few months. FRO options are for a normal 100 shares of FRO. FXW are for FRO shares + shares of another company. How that's represented in a multiplier, I'm not sure. A "non-standard" flag would be nice. :-)

EspressoE
-Interested User-
Posts: 30
Joined: Mar 8, 2006


Posted: Mar 13, 2006 04:17 PM          Msg. 5 of 6
Yes, it does get difficult. I currently download the OCC memos and insert the adjustments by hand into my own simulation system. For example, the FXW options that you mentioned have an actual deliverable of FXW = FRO + .05 (SFL) according to the OCC's latest memo:

http://www.optionsclearing.com/market/infomemos/2006/feb/21475.pdf

Thinking about it, one way to do it would be to flag an option contract as non-standard and provide a text equation like "FXW = FRO + .05 (SFL)", the contract multiplier, and a human description of the memo information. For most cases, it should be possible to provide a machine-parseable equation, although the grammar may not be trivial to handle all cases.

I wonder if DTN has the memo information available in a better format than the OCC's online PDF format and if it's possible for them to make it available.
Edited by EspressoE on Mar 13, 2006 at 04:17 PM

FullyArticulate
-DTN Guru-
Posts: 331
Joined: Sep 22, 2005


Posted: Mar 13, 2006 07:39 PM          Msg. 6 of 6
The formula would be really neat. I'm currently working on an option opportunity finder. The current best deal in the S&P 100 is to sell BAC Mar 32.5 Puts for $5.30.

BAC is currently at $45.95 and hasn't seen 32.50 for 3 years.

Obviously something else is up, but my tool isn't smart enough to know that it's FAR too good to be true rather than just a little too good to be true. :-)
 

 

Time: Wed January 26, 2022 3:13 AM CFBB v1.2.0 16 ms.
© AderSoftware 2002-2003