Gamma profile

[Joutrader]

Hello everyone, I am new here and I am very excited with the work you have done.
I would like to know if it is possible to create something similar to this,
https://usethinkscript.com/threads/option-heatmap-and-oi-strikes-for-thinkorswim.10664/
but instead of showing the Open Interest profile it shows a Gamma profile. I imagine it would be something like gamma x volume x 100 or in the case of puts gamma x volume x -100.
If it is updated live it is ideal, if not, it still works. I imagine we could select the expiration date of the contract.
Ugh I don't know, it sounds complex. But I'll leave it just in case.
Congratulations on the work you have done.

Joe

 

[StoneMan]

OI is one of, what the thinkscript documentation refers to as "the fundamentals". And only these functions can be called upon to work in separate data streams. Unfortunately the greeks do not qualify as that and only work for the "current option". See the attached post I wrote about this. Tried to do something similar once. The attached code to that post is an options money flow indicator. Was able to make that because it just leverages the "fundamental" values of price and volume. The OI heatmap tool from that post is very cool. Maybe my old money flow tool could have some life breathed back into it using the coding techniques of the OI heat map.

https://usethinkscript.com/threads/...-options-data-on-charts-in-thinkorswim.15242/