TradeGuider VSA Relative VolumeThe TradeGuider VSA Lite package is designed for those traders who want to trade in harmony with the professionals (‘smart money’) and is based on Tom Williams’ Volume Spread Analysis methodology ( VSA ). It works in any market and any time frame. The trader can use it as a standalone toolkit to support their trading decisions, or in conjunction with other trading tools to obtain additional confirmations.
The package consists of two parts:
TradeGuider VSA Lite indicator
TradeGuider Relative Volume indicator
Together with the TradeGuider VSA Lite indicator, the TradeGuider VSA Relative Volume indicator helps to determine the interaction between supply and demand as well as assisting traders in their trading decisions. In the VSA methodology all analysis is based on Relative Volume . This means that the exact values of the volume on the price bars are not nearly as important as their volume in relation to the previous volume bars. The following classifications of Relative Volume are used in VSA:
Ultra High Volume
Very High Volume
High Volume
Average Volume
Low Volume
Very Low Volume
Users can easily see how any volume bar is classified by observing which color band in the volume indicator is reached by the top of any given volume bar.
Price bars where the volume is Ultra High very often begin the VSA Setup, while price bars on Low or Very Low Volume can be the confirmation and end the VSA Setup.
Using this indicator, users may also observe bullish (when price falls and volume decreases) and bearish (when price rises and volume decreases) behavior.
See the Author's instructions below to get access to this package and the accompanying documentation.
Spread
TradeGuider VSA LiteThe TradeGuider VSA Lite package is designed for those traders who want to trade in harmony with the professionals (‘smart money’) and is based on Tom Williams’ Volume Spread Analysis methodology (VSA). It works in any market and any time frame. The trader can use it as a standalone toolkit to support their trading decisions, or in conjunction with other trading tools to obtain additional confirmations.
The package consists of two parts:
TradeGuider VSA Lite indicator
TradeGuider Relative Volume indicator
The TradeGuider VSA Lite indicator provides information about the imbalance between supply and demand on the price charts via VSA principles. The VSA principles introduced in this indicator can be divided into two groups: Signs of Strength (SOS) and Signs of Weakness (SOW). The following six VSA principles are implemented:
SOSs: Potential Professional Buying (PB), Shakeout (SO), Test (TE)
SOWs: Potential Professional Selling (PS), Upthrust (UT), No Demand (ND)
VSA principles ARE NOT BUY and SELL SIGNALS on their own, but in combination may create VSA Setups to the long and short sides which are used in the VSA methodology to identify low-risk entries into, and optimal exits from, a trade.
A potential VSA Setup to the long side means that strength is presented on that particular chart at the current moment and the following conditions are present:
Potential Professional Buying (PB) is found in the background.
The price has risen above the high of the Potential Professional Buying (PB).
The price behavior has changed to the upside (the Short Term Trending Tool is changing color from red to gray or green).
The confirmation (a Test) is identified.
With a VSA Setup to the long side and strength on higher time frames, the price very often moves higher and the user may trade it.
A potential VSA Setup to the short side means that weakness is presented on that particular chart at the current moment and the following conditions are present:
Potential Professional Selling (PS) is found in the background.
The price has moved below the low of the Potential Professional Selling (PS).
The price behavior has changed to the downside (the Short Term Trending Tool is changing color from green to gray or red).
The confirmation (a No Demand) is identified.
With a VSA Setup to the short side and weakness on higher time frames, the price very often moves lower and the user may trade it.
The TradeGuider VSA Lite indicator is equipped with alerts which, when set, inform users of VSA Setups as they appear.
See the Author's instructions below to get access to this package and the accompanying documentation.
DISCLAIMER: The TradeGuider VSA Lite package is developed for educational purposes only. None of the content including the alerts should be considered as financial or investment advice. Investments are always made at your own risk and are based on your personal evaluations. We cannot be held responsible for any losses you may have. Please trade sensibly and carefully and only when you have a clear understanding of what is happening in the markets.
vertical_pricer
USAGE
1. Select the type of contract (call or put), the long strike, and the width.
2. Select the volatility model
3. The standard deviation is shown, enter it into the input.
The tool gives a theoretical price of a vertical spread, based on a
historical sample. The test assumes that a spread of equal width was sold on
every prior trading day at the given standard deviation, based on the
volatility model and duration of the contract. For example, if the 20 dte
110 strike is presently two standard deviations based on the 30 period
historical volatility, then the theoretical value is the average price all
2SD (at 20 dte) calls upon expiration, limited by the width of the spread and
normalized according to the present value of the underlying.
Other statistics include:
- The number of spreads in the sample, and percentage expired itm
- The median value at expiration
- The Nth percentile value of spreads at expiration
- The number of spreads that expired at max loss
Check the script comments and release notes for further updates, since Tradingview doesn't allow me to edit this description.
Cost of SpreadAdd to a quote, set the current total transaction cost (i.e. Spread (%) to 0.04 if BTCUSDT binance future, Spread (base) 0.0001 if trading EURUSD with 1 pip net spread).
Both lines indicate the relative volatility corrected cost of trading (ATR as orange line, StdDev as cyan).
Stochastic(4,3,2) Spread By Rajv1: This indicator plots a spread of %K - %D of the stochastic(4,3,2).
EarnedHello friends. I am glad to present for your attention one of my products based on the X-Volume indicator code. The "Earned" indicator shows how much money is earned on the market relative to actual timeframe. Accuracy is relative but nevertheless it is close to actual calculated figures.
How this information can help you? Moust easy interpritation -
1) Trend up - earnings up - bulls in the market.
2) Downward trend and earnings up - bears in the market.
3) Trend up - earnings down - fake growth.
4) Downward trend - earnings down - fake bears.
Basis Points Spread bps[NeoButane]Plots realtime basis points (bps) based on last bar's close price.
Original idea by @redxbt
Options to configure:
Show up to 19
Show only odd numbered
Change main horizontal colors
Change line width
Future put ratio spread debit indicatorFuture Put ratio spread debit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for futures since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Debit paid: The debit paid for one unit of options strategy. Minimum value: 0.00001.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of puts . This number has to be less than the number of puts that were sold.
- Lower Strike number of puts . This number has to be greater than the number of puts that were bought.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Future put ratio spread credit indicatorFuture Put ratio spread credit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for futures since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Credit received: The credit received for one unit of options strategy. Minimum value: 0.00001.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of puts . This number has to be less than the number of puts that were sold.
- Lower Strike number of puts . This number has to be greater than the number of puts that were bought.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Future call ratio spread debit indicatorFuture Call ratio spread debit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from futures . Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Debit paid: The debit paid for one unit of options strategy. Minimum value: 0.00001.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of calls . This number has to be greater than the number of calls that were bought.
- Lower Strike number of calls . This number has to be less than the number of calls that were sold.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Future Call ratio spread credit indicatorFuture Call ratio spread credit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for futures since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Credit received: The credit received for one unit of options strategy. Minimum value: 0.00001.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of calls . This number has to be greater than the number of calls that were bought.
- Lower Strike number of calls . This number has to be less than the number of calls that were sold.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Future Put Bull Spread indicatorFuture Put bull spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for futures since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Put spread price (Credit): The credit received for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Future Put bear spread indicatorFuture Put bear spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for futures since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Put spread price (Debit): The debit paid for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Future Call Bear Spread indicatorFuture Call bear spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for futures since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Call spread price (Credit): The credit received for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Future Call bull spread indicatorFuture Call bull spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for futures since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Call spread price (Debit): The debit paid for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Put ratio spread Debit indicatorPut ratio spread debit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Debit paid: The debit paid for one unit of options strategy. Minimum value: 0. 01 .
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of puts . This number has to be less than the number of puts that were sold.
- Lower Strike number of puts . This number has to be greater than the number of puts that were bought.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Put ratio spread Credit indicatorPut ratio spread credit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Credit received: The credit received for one unit of options strategy. Minimum value: 0. 01 .
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of puts . This number has to be less than the number of puts that were sold.
- Lower Strike number of puts . This number has to be greater than the number of puts that were bought.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Call ratio spread debit indicatorCall ratio spread debit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Debit paid: The debit paid for one unit of options strategy. Minimum value: 0. 01 .
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of calls . This number has to be greater than the number of calls that were bought.
- Lower Strike number of calls . This number has to be less than the number of calls that were sold.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Call ratio spread Credit indicatorCall ratio spread credit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Credit received: The credit received for one unit of options strategy. Minimum value: 0. 01 .
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of calls . This number has to be greater than the number of calls that were bought.
- Lower Strike number of calls . This number has to be less than the number of calls that were sold.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Put Bull Spread indicatorPut bull spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Put spread price (Credit): The credit received for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Put Bear Spread indicatorPut bear spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Put spread price (Debit): The debit paid for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Call Bear Spread indicatorCall bear spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Call spread price (Credit): The credit received for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Call bull spread indicatorCall bull spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Call spread price (Debit): The debit paid for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
