**Job Description:**
We are actively seeking a highly skilled and experienced coder develop a fast and efficient equity options strategy that is designed to optimize our trading efficiency. The primary objective of this role is to establish a robust and reliable method acquiring a lot of stock options, specifically targeting one or two strike prices above the current market price for the upcoming expiration date.
The ideal candidate will possess a strong and proven background in coding for options trading, with a deep understanding of market dynamics, risk management, and various options strategies. We are looking for an individual who can not only conceptualize but also implement a clear, actionable plan that aligns with our investment goals. The successful candidate will be expected to write code that will analyze market conditions, assess potential opportunities, and execute trades that maximize returns while minimizing risks.
If you have a proven track record of developing successful options strategies and can demonstrate your ability to deliver results quickly and efficiently, we would love to hear from you! We are eager to explore how your unique skills and experiences can contribute to our mission of achieving superior investment outcomes. Please submit your resume and a brief cover letter outlining your relevant experience and approach to options trading coding.
Project Details:
1.- API Integration:
– Use the Interactive Brokers TWS API to fetch real-time data and execute options trades.
– Ensure smooth handling of options contracts for US Stocks and ETFs.
2.- Trading Strategies:
– Implement a defined trading strategy (details will be provided).
– Both strategies should be parameterized for flexibility (e.g., tickers, strike prices, expiry dates,
dollar volume, etc.).
3.- Automation:
– Schedule the trading strategies to execute at specific dates/times using screen scraping (or other better way) on a membership website. (This one could be difficult)
4.- Logging and Error Handling:
– Maintain detailed logs of API interactions, orders placed, and execution status.
– Implement robust error-handling mechanisms to address API connectivity issues, data retrieval errors, or trade rejections.
5.- Requirements:
– Strong proficiency in Python or VB.net programming.
– Experience with the Interactive Brokers TWS API (or similar trading APIs).
– Familiarity with Options Trading concepts and terminology.
– Coaching to help me implement/install the script.
– Knowledge of screen scraping for scheduled tasks.
6.- Deliverables:
– Fully functional Python or VB.net scripts for the trading strategy.
– Deployment instructions for running the scripts on Interactive Brokers.
– Documentation for setup, configuration, and usage of the scripts.
7.- Timeline:
The project is expected to be completed within 2 weeks from start. Strategy is not complex.
