2min chapter

Stock Market Options Trading cover image

Stock Market Startup: Magic 8 Ball with Bryan Cairns

Stock Market Options Trading

CHAPTER

The Magic a-Ball Tool: How the Options Market Can Drive the Price

The options market can often drive the price because market makers ultimately need to hedge. And so for the option chain, that is where I really struggle because you have to store all of this data and it gets very large. The quote is helpful because not every API has the actual real time price, but the options chain has like 99% of the metrics we need. We just have to capture it over time.

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