OPEN-SOURCE SCRIPT

Options Levels Support and Resistance

Aggiornato
Are you sometimes clueless of where you are going to find support or resistance for the stock price? Nothing can be more powerful than market positioning via options levels.

This indicator visualizes key institutional options levels including short-term and longer-term Put/Call Walls, and projected implied move ranges.

Key Features:

  • Displays major support/resistance levels derived from options data
  • Shows institutional Put Walls (PW) and Call Walls (CW) - areas of significant options activity
  • Identifies short-term and longer-term gamma levels for more precise trading
  • Includes an option statistics (IV, Put/Call ratio, trend) in a clean dashboard
  • Automatically(*) updates throughout the trading day to reflect current market positioning
  • Currently supporting 440 of the most popular tickers.
  • Presents gamma flip levels for indexes SPX, RUT, NDX and VIX


Trading Applications:

  • Identify key price levels where institutional options activity may influence price movement
  • Gauge market sentiment through IV levels, Put/Call ratios, and options positioning
  • Plan entries/exits around major Put/Call walls where price reversals are more likely
  • Monitor changes in institutional positioning through level trends


Levels are calculated externally using comprehensive options data and updated into the indicator multiple times per day. Note that I can't guarantee it will be timely updated since TradingView offers no access to external data nor a way to programmatically update the script.

This code simply renders the levels I calculate using external software. I had to make the code as short as possible to accommodate more tickers, reason why there is no commenting.

The last update time (New York/EST) is shown in the dashboard.
Note di rilascio
Jan 15, 10:24a
Note di rilascio
Jan 15, 10:52a
Note di rilascio
Jan 15, 11:21a
Note di rilascio
Jan 15, 12:20p
Note di rilascio
Jan 15, 12:20p
Note di rilascio
Jan 15, 1:20p
Note di rilascio
Jan 15, 4:46p
Note di rilascio
bug fixing
Note di rilascio
Jan 16, 10:15a
Note di rilascio
Jan 16, 10:43a
Note di rilascio
changed version to 6
Note di rilascio
11:40am
Note di rilascio
Jan 16, 1:28p
Note di rilascio
Jan 16, 3:19p
Note di rilascio
Jan 16, 6:05p
Note di rilascio
pre-market, implied move and volatility will be off
Note di rilascio
Jan 17 10:30a
Note di rilascio
Jan 17, 11:38a
Note di rilascio
Jan 17, 1:18p
Note di rilascio
Jan 17, 3:44p
Note di rilascio
Jan 21 10:30a
Note di rilascio
Jan 21 noon
Note di rilascio
Jan 21, 1:59p
Note di rilascio
Jan 21, 4:09p
Note di rilascio
Apologies, today many tickers got me errors so only a subset was available throughout the day.

Jan 21, 6:24p
Note di rilascio
Jan 22, 8:35a
Note di rilascio
Jan 22, 10:50a
Note di rilascio
Jan 22, 12:57p
Note di rilascio
Jan 22 2:50p
optionsPivot points and levels

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Vuoi usare questo script sui tuoi grafici?


Dad of James, trader, technologist, cyclist, and a modern stoic who loves dachshunds, espresso and landscape photography in no particular order.
Anche su:

Declinazione di responsabilità