Defining optionCodes for GetNextOTMOption

lowlander

New member
Plus
Hi. I'm trying to get OTM option data and running into Expected double error immediately:

Expected double at 3:5
Expected class com.devexperts.tos.thinkscript.data.SymbolType at 5:17
Expected double at 5:5

Any help is greatly appreciated. Thank you!

Code:
input expirationDate = 20240120;

def optionATM = GetATMOption(GetUnderlyingSymbol(), expirationDate,OptionClass.CALL);

def optionOTM = GetnextOTMOption(optionATM);
 
Solution
Hi. I'm trying to get OTM option data and running into Expected double error immediately:

Expected double at 3:5
Expected class com.devexperts.tos.thinkscript.data.SymbolType at 5:17
Expected double at 5:5

Any help is greatly appreciated. Thank you!

Code:
input expirationDate = 20240120;

def optionATM = GetATMOption(GetUnderlyingSymbol(), expirationDate,OptionClass.CALL);
hal_opt
def optionOTM = GetnextOTMOption(optionATM);


the functions like this one, GetATMOption() , returns a symbol, not a price.
def assigns a number to a variable, not text.
can't assign text with def.
input can assign text to a variable, but not from a formula.
so, can't create a text value and assign to a variable

have to generate the option code...
Hi. I'm trying to get OTM option data and running into Expected double error immediately:

Expected double at 3:5
Expected class com.devexperts.tos.thinkscript.data.SymbolType at 5:17
Expected double at 5:5

Any help is greatly appreciated. Thank you!

Code:
input expirationDate = 20240120;

def optionATM = GetATMOption(GetUnderlyingSymbol(), expirationDate,OptionClass.CALL);
hal_opt
def optionOTM = GetnextOTMOption(optionATM);


the functions like this one, GetATMOption() , returns a symbol, not a price.
def assigns a number to a variable, not text.
can't assign text with def.
input can assign text to a variable, but not from a formula.
so, can't create a text value and assign to a variable

have to generate the option code each time you want to use it

here is an example.
it may take a few seconds to display the labels.
or might have to pick another stock, then pick original stock again.
try stocks, F and T

https://tlc.thinkorswim.com/center/reference/thinkScript/Functions/Option-Related/GetATMOption
https://tlc.thinkorswim.com/center/reference/thinkScript/Functions/Option-Related/GetNextOTMOption


Code:
#otm_options

#https://usethinkscript.com/threads/defining-optioncodes-for-getnextotmoption.17488/
#Defining optionCodes for GetNextOTMOption
#lowlander  12/18

# I'm trying to get OTM option data and running into Expected double error immediately:


input expirationDate = 20240120;
#input expirationDate = 20240119;

#def optionATM = GetATMOption(GetUnderlyingSymbol(), expirationDate, OptionClass.CALL);
#def optionOTM = GetNextOTMOption(optionATM);

#-------------------
# atm
addlabel(1, "ATM", color.yellow);
addlabel(1, GetATMOption(GetUnderlyingSymbol(), expirationDate, OptionClass.CALL), color.yellow);

def optionATM = close(GetATMOption(GetUnderlyingSymbol(), expirationDate, OptionClass.CALL));
addlabel(1, optionatm, color.yellow);


#---------------------
# next
addlabel(1, "OTM", color.cyan);
addlabel(1, GetNextOTMOption(GetATMOption(GetUnderlyingSymbol(), expirationDate, OptionClass.CALL)), color.cyan);

def optionOTM = close(GetNextOTMOption(GetATMOption(GetUnderlyingSymbol(), expirationDate, OptionClass.CALL)));

addlabel(1, optionotm, color.cyan);
#

ignore that peak len label, from another study.
PIg1JEz.jpg
 
Last edited:
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