Can you trade options on TradingView through TradersPost?
Recently, a customer asked if they could trade options from TradingView signals like price alerts and strategy signals. The quick answer is yes!
Co-Founder / CSO
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TradingView now supports options data and direct U.S. equity options trading, while TradersPost still automates directional stock and ETF options through supported brokers, so the article's platform and broker claims have been corrected while its core workflow remains accurate.
Have you ever wanted to trade options on TradingView based on stock trading signals but didn't know how? Our service is designed to help you do just that. TradingView now offers options data1. We have a solution for you.
We've built TradersPost to automatically map stock, tickers and ETFs to their options contracts with the ability to fine tune the contract selection.
We've developed TradersPost with a sophisticated system that automatically maps stock tickers and ETFs to their respective options contracts, offering you the flexibility to fine-tune the contract selection according to your preferences. Although TradingView now supports direct U.S. equity options trading, you can still use TradersPost to automate your workflow2. With our system, you can effortlessly send over trading alerts from stocks on TradingView and translate those signals into trading options. This is made possible through integration with reputable brokers such as TradeStation, Tradier, and Alpaca, allowing you to leverage these alerts for options trading effectively3.
You can also decide if you want your options to be 'in-the-money' (which means they're worth something right now) or 'out-of-the-money' (which means they might be worth something later). You can even set a time limit for when these options should end, called an expiration limit. We also let you pick how many options you want (that's the 'strike count') and how far away from the current price they should be (that's 'number of strikes away'). You can set a 'take profit' level to automatically sell when you've made enough money, a 'stop loss' to limit your losses, and even decide how big or small your trades should be with 'automatic position sizing.'
As always, feel free to reach out to [email protected] if you have questions on how to set up options trading.
References
1 Options chain overview - TradingView
2 blog.traderspost.io, Complete Guide to Options Trading Integration — Blog
3 Options Trading | Documentation - Getting Started - TradersPost
