# From Natural Language to Executable Option Strategies via Large Language Models

arXiv: https://arxiv.org/abs/2603.16434 · HTML: https://mlsanity.com/paper/2603.16434/

## Key facts

- Cited by 1 papers in the map (data through 14 Oct 2026).
- Builds on 29 of its 44 references that are in the map.
- First posted on arXiv 17 Mar 2026.

## Builds on (most cited first, 29 of 29)

- [Chain-of-Thought Prompting Elicits Reasoning in Large Language Models](https://mlsanity.com/paper/2201.11903/) (2022)
- [BloombergGPT: A Large Language Model for Finance](https://mlsanity.com/paper/2303.17564/) (2023)
- [FinQA: A Dataset of Numerical Reasoning over Financial Data](https://mlsanity.com/paper/2109.00122/) (2021)
- [FinBERT: Financial Sentiment Analysis with Pre-trained Language Models](https://mlsanity.com/paper/1908.10063/) (2019)
- [Text-to-SQL Empowered by Large Language Models: A Benchmark Evaluation](https://mlsanity.com/paper/2308.15363/) (2023)
- [TradingAgents: Multi-Agents LLM Financial Trading Framework](https://mlsanity.com/paper/2412.20138/) (2024)
- [Time Travel in LLMs: Tracing Data Contamination in Large Language Models](https://mlsanity.com/paper/2308.08493/) (2023)
- [FinMem: A Performance-Enhanced LLM Trading Agent with Layered Memory and Character Design](https://mlsanity.com/paper/2311.13743/) (2023)
- [FinBen: A Holistic Financial Benchmark for Large Language Models](https://mlsanity.com/paper/2402.12659/) (2024)
- [Next-Generation Database Interfaces: A Survey of LLM-based Text-to-SQL](https://mlsanity.com/paper/2406.08426/) (2024)
- [FinCon: A Synthesized LLM Multi-Agent System with Conceptual Verbal Reinforcement for Enhanced Financial Decision Making](https://mlsanity.com/paper/2407.06567/) (2024)
- [FinGPT: Democratizing Internet-scale Data for Financial Large Language Models](https://mlsanity.com/paper/2307.10485/) (2023)
- [INVESTORBENCH: A Benchmark for Financial Decision-Making Tasks with LLM-based Agent](https://mlsanity.com/paper/2412.18174/) (2024)
- [Alpha-GPT: Human-AI Interactive Alpha Mining for Quantitative Investment](https://mlsanity.com/paper/2308.00016/) (2023)
- [TwinMarket: A Scalable Behavioral and Social Simulation for Financial Markets](https://mlsanity.com/paper/2502.01506/) (2025)
- [EHRSQL: A Practical Text-to-SQL Benchmark for Electronic Health Records](https://mlsanity.com/paper/2301.07695/) (2023)
- [AlphaAgent: LLM-Driven Alpha Mining with Regularized Exploration to Counteract Alpha Decay](https://mlsanity.com/paper/2502.16789/) (2025)
- [Learning to Generate Explainable Stock Predictions using Self-Reflective Large Language Models](https://mlsanity.com/paper/2402.03659/) (2024)
- [LLMFactor: Extracting Profitable Factors through Prompts for Explainable Stock Movement Prediction](https://mlsanity.com/paper/2406.10811/) (2024)
- [SQLBench: A Comprehensive Evaluation for Text-to-SQL Capabilities of Large Language Models](https://mlsanity.com/paper/2403.02951/) (2024)
- [CodeMirage: Hallucinations in Code Generated by Large Language Models](https://mlsanity.com/paper/2408.08333/) (2024)
- [Time Travel is Cheating: Going Live with DeepFund for Real-Time Fund Investment Benchmarking](https://mlsanity.com/paper/2505.11065/) (2025)
- [Navigating the Alpha Jungle: An LLM-Powered MCTS Framework for Formulaic Factor Mining](https://mlsanity.com/paper/2505.11122/) (2025)
- [CFinBench: A Comprehensive Chinese Financial Benchmark for Large Language Models](https://mlsanity.com/paper/2407.02301/) (2024)
- [XFinBench: Benchmarking LLMs in Complex Financial Problem Solving and Reasoning](https://mlsanity.com/paper/2508.15861/) (2025)
- [Can Large Language Models Be Query Optimizer for Relational Databases?](https://mlsanity.com/paper/2502.05562/) (2025)
- [Fine-Tuning Large Language Models for Stock Return Prediction Using Newsflow](https://mlsanity.com/paper/2407.18103/) (2024)
- [DeltaHedge: A Multi-Agent Framework for Portfolio Options Optimization](https://mlsanity.com/paper/2509.12753/) (2025)
- [MulFSA: Multi-level Financial Sentiment Analysis Framework for Bond Market](https://mlsanity.com/paper/2504.02429/) (2025)

## Built on by (most cited first, 1 of 1)

- [LabGuard: Grounding Natural-Language Laboratory Rules into Runtime Guards for Embodied Laboratory Agents](https://mlsanity.com/paper/2606.31045/) (2026)

## Abstract (arXiv)

Large Language Models (LLMs) excel at general code generation, yet translating natural-language trading intents into correct option strategies remains challenging. Real-world option design requires reasoning over massive, multi-dimensional option chain data with strict constraints, which often overwhelms direct generation methods. We introduce the Option Query Language (OQL), a domain-specific intermediate representation that abstracts option markets into high-level primitives under grammatical rules, enabling LLMs to function as reliable semantic parsers rather than free-form programmers. OQL queries are then validated and executed deterministically by an engine to instantiate executable strategies. We also present a new dataset for this task and demonstrate that our neuro-symbolic pipeline significantly improves execution accuracy and logical consistency over direct baselines.