Support Board
Date/Time: Sat, 11 Jan 2025 04:50:52 +0000
Options on DOM tick increment wrong
View Count: 1254
| [2016-10-25 13:15:55] |
| Japhro - Posts: 120 |
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I am running CQG feed and testing options on the Sierra DOM, but the tick increment that displays on the DOM is incorrect. ES options are priced at .05 tick increments only for those options priced under 5.00, everything else is priced in .25 increments. Since yours are priced in .05 increments all the way up, there are 4 dead tick zones between each tradeable price. This is the case with all strikes for ES. So for example an option strike that should be 10.00, 10.25, 10.50, 10.75,11.00 etc is priced as 9.95, 10.00, 10.05, 10.10 etc which are not tradeable prices other than the 10.00 value. 5 cent tick increments are tradeable at 5.00 and below, so 4.95, 4.90 etc are valid tradeable prices. |
 Sierra options on DOM.PNG / V - Attached On 2016-10-25 13:15:11 UTC - Size: 44.86 KB - 347 views Attachment Deleted. CQG options dom.PNG / V - Attached On 2016-10-25 13:15:45 UTC - Size: 32.73 KB - 295 views |
| [2016-10-25 17:21:07] |
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You just need to manually change the tick size to .25. Refer to: http://www.sierrachart.com/index.php?page=doc/ChartSettings.html#TickSize Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2016-10-25 18:12:05] |
| Japhro - Posts: 120 |
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Yes, if I disable "Auto set from data feed' and change it to .25 tick increment that works for options well above 5.00 but it doesn't change the fact that ES options are priced in .05 increments under 5.00 and .25 increments above. so as the options strike moves above and below the magic 5.00 number if becomes very difficult to trade with a fixed .25 tick increment. These are not exotic options, they are probably the most liquid futures options available
Date Time Of Last Edit: 2016-10-25 18:12:36
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| [2016-10-25 18:15:40] |
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Sierra Chart does not offer a way to automatically change the tick size based upon the price. The data feed probably does have different tick sizes for different price ranges, and Sierra Chart could choose the correct one at the time it is automatically set, but once it is set it will remain. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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