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!
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. Unfortunately, you can't see options data on TradingView, but don't worry! 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 doesn't directly support trading options, you don't need to worry. 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 TD Ameritrade, allowing you to leverage these alerts for options trading effectively.
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 support@traderspost.io if you have questions on how to set up options trading.
DISCLAIMER:
Trading in the financial markets involves a significant risk of loss. The content and strategies shared by TradersPost are provided for informational or educational purposes only and do not constitute trading or investment recommendations or advice. The views and opinions expressed in the materials are those of the authors and do not necessarily reflect the official policy or position of TradersPost.
Please be aware that the authors and contributors associated with our content may hold positions or trade in the financial assets, securities, or instruments mentioned herein. Such holdings could present a conflict of interest or influence the perspective provided in the content. Readers should consider their financial situation, objectives, and risk tolerance before making any trading or investment decisions based on the information shared. It is recommended to seek advice from a qualified financial advisor if unsure about any investments or trading strategies.
Remember, past performance is not indicative of future results. All trading and investment activities involve high risks and can result in the loss of your entire capital. TradersPost is not liable for any losses or damages arising from the use of this information. All users should conduct their own research and due diligence before making financial decisions.
