Where would you recommend I get this data (bid, ask bid size, ask size, IV, OI, delta. theta, gamma, vega)? I am absolutely willing to pay, but some of the sources are expensive ($200/mo and more) for my experience level.
Here is my strategy..
I am using it for market research and real time analysis, I’m still executing the trades myself - I know this is crude, but I'm new to programming so this is where I'm at.
I extract the data with python..
Then, I take the raw data over to gemini for the expiry dates in question
I have a very good pulse on the stock that I'm trading. So I'm not using this as an end all be all. I’m simply using this to figure out market efficiencies/ asymmetric risk much faster than I could manually, then I assess the risk based on the top 3-5 scenarios the LLM spots.
My question is I'm looking for a data source to extract LIVE options chain data - I am willing to pay for it
I bought Theta Data standard plan ($80/mo), but realized I need Pro Plan ($200/mo) to even get gamma (kinda weird the last useful greek is behind a paywall). At $200/mo I am significantly eating into my ROI at the level I am at, so I don’t think this is feasible. I’m looking for a cheaper data source - or a work around.
I’ve looked into TOS, IB, and Tradier so far.
I'm definitely willing to pay, but seeing that I just want market data and not a bot to actually trade for me, what are your thoughts on the best approach? Am I missing something, open to criticism or seeing this a completely new way…