Omnieq: Credit Spread Scanner (opens in new tab)

(omnieq.com)

53 pointsehsync6y ago16 comments

16 comments

I really like and hate this site at the same time.

I like it because of its minimalism and function over form.

I hate it because I have no idea what any of it means.

That's not a critique. It should stay high on the SNR, as it clearly serves a purpose. I'm just jealous because I know other folks that have figured this stuff out and are likely far smarter than me are making a ton of money right now. PEBCAK.

Any idea where I should start so I can grok this site better?

bcaffrey6y ago

Option Volatility and Pricing by Natenberg and Option Trading by Sinclair were the books given to me at an options trading firm if you're looking to get really acquainted.

NWChen6y ago

You can start at the About page as a root node: https://omnieq.com/about

Recommend Hull's Options, Futures, and Other Derivatives as reference text.

toomuchtodo6y ago

Options as a Strategic Investment: Fifth Edition by Lawrence G. McMillan

gandreani6y ago

This is awesome. Love the minimalistic UI. I might sign up if I ever decide to get back into options trading

vizzah6y ago

Interface is nice and clean. Though, can instantly recognise hidden tickers by their current market price.. APPL, BA, AMZN.. ;-)

mylons6y ago

i'll trade a year's membership for revealing how i can see the ticker for anything on this site

trakout6y ago

Your comment attributes to the fact that knowing it's possible is usually enough data for HN folks to figure out what's going on.

Maybe we should somehow tag the developer? ;)

mylons6y ago

ya i can’t delete the comment for some reason. i realized that after i posted.

zinclozenge6y ago

Where do websites get this information? Do they get it for free or do they pay CBOE for it?

edit: as in the raw data

bm13626y ago

You can purchase real time data streams for relatively cheap (200/month) from many companies, even exchanges themselves.

I’m actually building something similar for my own options trading and was eventually going to spin it into a SaaS.

arthurcolle6y ago

Haven't been able to find decent data providers other than brokers. Have any good providers you're willing to share?

1 more reply

bradj6y ago

Raw data is available directly from the exchanges. You can also go through other market data companies, like Refinitiv, to source the data and some infrastructure.

SavageBeast6y ago

Re: Sources of data - Maybe worth mentioning that Interactive Brokers will sell you real time data for about $10/mo (CBOT Futures in my case, your market may vary) if you have a funded account ($5k minimum). This is for non-professional use naturally. Also they have a pretty nice API that allows you to literally take any action what so ever.

santa_boy6y ago

Also, they provide delayed data for free (10-15 minute delayed).

If you can do with delayed data, I wrote a post on my data extraction using IB. This works pretty neatly both with R and Python for my analysis.

link: https://l.mypad.in/DRNDGd

j / k navigate · click thread line to collapse

16 comments

timdorr6y ago

I really like and hate this site at the same time.

I like it because of its minimalism and function over form.

I hate it because I have no idea what any of it means.

Any idea where I should start so I can grok this site better?

bcaffrey6y ago

Option Volatility and Pricing by Natenberg and Option Trading by Sinclair were the books given to me at an options trading firm if you're looking to get really acquainted.

NWChen6y ago

You can start at the About page as a root node: https://omnieq.com/about

Recommend Hull's Options, Futures, and Other Derivatives as reference text.

toomuchtodo6y ago

Options as a Strategic Investment: Fifth Edition by Lawrence G. McMillan

gandreani6y ago

This is awesome. Love the minimalistic UI. I might sign up if I ever decide to get back into options trading

vizzah6y ago

Interface is nice and clean. Though, can instantly recognise hidden tickers by their current market price.. APPL, BA, AMZN.. ;-)

mylons6y ago

i'll trade a year's membership for revealing how i can see the ticker for anything on this site

trakout6y ago

Your comment attributes to the fact that knowing it's possible is usually enough data for HN folks to figure out what's going on.

Maybe we should somehow tag the developer? ;)

mylons6y ago

ya i can’t delete the comment for some reason. i realized that after i posted.

zinclozenge6y ago

Where do websites get this information? Do they get it for free or do they pay CBOE for it?

edit: as in the raw data

bm13626y ago

You can purchase real time data streams for relatively cheap (200/month) from many companies, even exchanges themselves.

I’m actually building something similar for my own options trading and was eventually going to spin it into a SaaS.

arthurcolle6y ago

Haven't been able to find decent data providers other than brokers. Have any good providers you're willing to share?

1 more reply

bradj6y ago

Raw data is available directly from the exchanges. You can also go through other market data companies, like Refinitiv, to source the data and some infrastructure.

SavageBeast6y ago

santa_boy6y ago

Also, they provide delayed data for free (10-15 minute delayed).

If you can do with delayed data, I wrote a post on my data extraction using IB. This works pretty neatly both with R and Python for my analysis.

link: https://l.mypad.in/DRNDGd

j / k navigate · click thread line to collapse