Options and underlying splits

Hello Nathan,

To detect a split event, you can use the OnData method in your algorithm. This method receives a Slice object that contains Splits data. You can check if a split is about to occur for a specific symbol by checking if that symbol is in the Splits dictionary. Here is an example:

def OnData(self, data):
    if self.symbol in data.Splits:
        split = data.Splits[self.symbol]
        # split is an object of type Split
        # you can access its properties like split.SplitFactor

This way, you can detect a split and liquidate your portfolio accordingly.

Regarding your question about buying options, you can use the Buy method to buy an option. Here is an example:

self.Buy(option_symbol, quantity)

In this example, option_symbol is the symbol of the option you want to buy and quantity is the number of contracts you want to buy.

Please note that the OptionStrategies.NakedCall and OptionStrategies.NakedPut are used to define option strategies, not to buy or sell options directly. When you sell a naked call or put, you are selling an option that you do not own, which is different from buying an option.

I hope this helps! Let me know if you have any other questions.

Sources:

• Algorithm Engine
• Naked Call