DianaMelvin
New member
This seems strange because it is a basic thing, but I can't find how to do it, so maybe Option Hacker just isn't set up for it. Here is my problem:
in Option Hacker, I want to make a custom column in the output (not charts, just columnar output of the scan results), where each row of course is data about one option, and this custom column will show the option's implied volatility (NOT the composite volatility for all options for a given stock symbol), divided by the historical volatility for the stock (NOT the historical volatility of the option itself). Then based on that, I was planning to sort with it, and tinker with it so that the number of days on which to based the HV calculation would match the number of days till the option expires, etc., but I never got that far.
It seems possible to call up the stock's HV in Stock Hacker, but not in Option Hacker. But the IV that you can get in Stock Hacker is only the composite IV over all the options for that stock.
Isn't the ability to make an IV/HV ratio for an individual option, kind of basic? So I am missing something that is basic. A straightforward attempt like this, results in a column full of N/A values:
def IV = impVolatility()*100;
def HV = historicalVolatility()*100;
AddLabel(yes, IV/HV);
If you can send me in the right direction, I would appreciate it. Thanks in advance!
in Option Hacker, I want to make a custom column in the output (not charts, just columnar output of the scan results), where each row of course is data about one option, and this custom column will show the option's implied volatility (NOT the composite volatility for all options for a given stock symbol), divided by the historical volatility for the stock (NOT the historical volatility of the option itself). Then based on that, I was planning to sort with it, and tinker with it so that the number of days on which to based the HV calculation would match the number of days till the option expires, etc., but I never got that far.
It seems possible to call up the stock's HV in Stock Hacker, but not in Option Hacker. But the IV that you can get in Stock Hacker is only the composite IV over all the options for that stock.
Isn't the ability to make an IV/HV ratio for an individual option, kind of basic? So I am missing something that is basic. A straightforward attempt like this, results in a column full of N/A values:
def IV = impVolatility()*100;
def HV = historicalVolatility()*100;
AddLabel(yes, IV/HV);
If you can send me in the right direction, I would appreciate it. Thanks in advance!