Create a tool to follow an option for covered call purchase
philfoster opened this issue · 1 comments
philfoster commented
The tool would read in a symbol, date and strike price, it would then, in a loop, get the current quote for that strike (the bid) and spit out the following X seconds (configurable)
Time - issue - profit=$profit(profit%) safety=safety%(max gain%=maxgain%)
13:45:32 MSFT(May 18) 85 call: profit=$154.62 (3%) safety=9.27% (max with 5.42%)
13:45:37 MSFT(May 18) 85 call: profit=$155.58 (3%) safety=9.27% (max with 5.42%)
13:45:42 MSFT(May 18) 85 call: profit=$154.31 (3%) safety=9.27% (max with 5.42%)
The idea would be to watch this in one window and execute a market buy/write in another window.
philfoster commented
not needed