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Buying an option with my own strike price?

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    Buying an option with my own strike price?

    Hello everyone.

    First post. Brand new to trading. Just starting to learn.
    Have access to IB Trader Workstation but am interested in NinjaTrader.

    Lets say company A trades at $5.00. When I look at the strike prices for the call options expiring at some future date, they go from, let's say, $1.00 to $10.00.

    What determines the strike prices shown? Does it show only those that have traded or is there some rule that says that for this company at $5.00 the maximum strike price for a call option that can be traded is $10.00?

    Can I buy a call option for $15.00 even if it does not show on Google Finance and such?
    Will Trader Workstation and NinjaTrader allow me to do that?

    Thanks.

    ps. Didn't know in which forum this belongs so I put it here.

    #2
    Hello ukrift,

    Thank you for your post.

    NinjaTrader can be used with Interactive Brokers to trade futures, forex and equities however options trading is not supported within NinjaTrader at this time
    KyleNinjaTrader Customer Service

    Comment


      #3
      Originally posted by NinjaTrader_Kyle View Post
      Hello ukrift,

      Thank you for your post.

      NinjaTrader can be used with Interactive Brokers to trade futures, forex and equities however options trading is not supported within NinjaTrader at this time
      Thanks! I didn't even know.
      Anyway, my primary interest in NinjaTrader is for day trading. This was just a theory question.

      Comment


        #4
        Originally posted by ukrift View Post
        Thanks! I didn't even know.
        Anyway, my primary interest in NinjaTrader is for day trading. This was just a theory question.
        I'm experiencing a total collapse in NT trade reporting with options traded in ToS... it doesn't even make sense.. DailyProfits of US 25 cents (US $0.25) ... So yeah - don't even bother.

        Comment


          #5
          Originally posted by sledge View Post
          I'm experiencing a total collapse in NT trade reporting with options traded in ToS... it doesn't even make sense.. DailyProfits of US 25 cents (US $0.25) ... So yeah - don't even bother.
          You mean that you can now use the TOS data feed with NT, just by using your credentials as a TDAmeritrade account?

          Comment


            #6
            Originally posted by koganam View Post
            You mean that you can now use the TOS data feed with NT, just by using your credentials as a TDAmeritrade account?
            No? I'm just saying NT doesn't report options correctly with TDA connection that you place in ToS. . (It was never designed to handle it, so this unexpected behavior is acceptable to me).



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