Outright Options. Limit order.
Method: Trade an option in volatility terms. Optionally work a futures hedge order or a Covered-UDS in the spread book
Algo Parameters in addition to [Side, Size, Price]
•VolModel [Default – BlackScholes]
o BlackScholes
o Bachelier
•HedgeModel [Default – NoHedge]
o NoHedge
o Futures
o CoveredUDS
•Volatility
o In model terms, a percent for BlackScholes (60.2 is 60.2% vol) or a dollar amount for Bachelier
Advanced parameters
•DaysPerYear
o Days per year override
•InterestRate
o Risk-free interest rate override