We were pleased to see SpiderRock mentioned in Nikhil Adithyan’s recent article, How to Price Multi-Leg Options Basket with Python, on DataDrivenInvestor. 

In the article, he showcases how our Option Basket Calculator simplifies the process of pricing complex, multi-leg strategies. Via the SpiderRock MLink API, users can define a basket of up to 1,000 option keys and update pricing programmatically throughout the trading day based on current market activity. The API returns leg-level valuations with Greeks, enabling you to treat the basket as a single entity for analysis. 

This makes it easier for traders and quants to explore spreads, collars, and other multi-leg strategies without building pricing logic from scratch. 

We appreciate the recognition and encourage anyone interested in exploring SpiderRock’s Option Pricing Tool to learn more by reaching out to datasales@spiderrock.net. 

About SpiderRock Data and Analytics 

SpiderRock Data & Analytics is a division of  SpiderRock Technology Solutions, a provider of industry-leading options trading solutions. SpiderRock Data and Analytics is an exchange-licensed redistributor of market data, providing US stocks and options market data in a raw and normalized format.   

SpiderRock’s proprietary live analytics offer low-cost delivery of market data and options analytics without requiring clients to make a significant investment in infrastructure. In addition, SpiderRock’s robust historical datasets updated daily from live markets are ideal for research, back testing, and making data-driven decisions. 

For more information, visit https://www.spiderrock.net/data/, follow us on X at @SpiderRockChi, and visit our LinkedIn page.

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