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Rename method to monitor option spreads

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moshferatu 2024-02-28 11:20:10 -08:00
parent 2ca34e4004
commit d7bce267ca
1 changed files with 3 additions and 3 deletions
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6
iron_condor.py
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@ -22,7 +22,7 @@ load_dotenv()
# Necessary for monitoring spread prices asynchronously while interacting with the IBKR client.
nest_asyncio.apply()
def monitor_spread_price(trade: IronCondorTrade, spread_order: OptionOrder, client: Client):
def monitor_spread(trade: IronCondorTrade, spread_order: OptionOrder, client: Client):
"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""
Stop loss orders will not execute if trying to sell back a contract with no bid while paper trading.
Therefore, the spread price must be monitored and the spread manually exited if the stop price is reached.
@ -141,7 +141,7 @@ def _enter_iron_condor(entry_time: datetime):
logging.info(f'Call Spread Slippage: {call_spread_order.mid_price - call_spread_order.fill_price}')
logging.info(f'Options Chain Call Spread Slippage: {call_spread_price - call_spread_order.fill_price}')
monitor_spread_price(trade, call_spread_order, ibkr_client)
monitor_spread(trade, call_spread_order, ibkr_client)
short_put_leg = OptionLeg(symbol, expiration, short_put_strike, PUT, SELL, sub_symbol)
long_put_leg = OptionLeg(symbol, expiration, long_put_strike, PUT, BUY, sub_symbol)
@ -152,7 +152,7 @@ def _enter_iron_condor(entry_time: datetime):
logging.info(f'Put Spread Slippage: {put_spread_order.mid_price - put_spread_order.fill_price}')
logging.info(f'Options Chain Put Spread Slippage: {put_spread_price - put_spread_order.fill_price}')
monitor_spread_price(trade, put_spread_order, ibkr_client)
monitor_spread(trade, put_spread_order, ibkr_client)
insert_trade(trade, call_spread_order, put_spread_order)