Implied Volatility Oscillator on Options


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Is there a way to create an oscillator that plots the option chain implied volatility that's plotted in the top right corner next to the market maker move in Thinkorswim as a lower indicator. This is important when you're trading options to see when they're over or under priced. Also, at times it will show when swift price movement should happen.

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That value can be retrieved with the undocumented function SeriesVolatility(), but it's as is at all times. There is no history for that value. If you plot it, it will just draw one single horizontal line through your entire chart at the current value.
You just have to type it out. The parameters will show up in the inspector if the cursor is on it. The series number is from top to bottom in the trade tab. If, for example, you select Regulars, series 2 will be the second Regular expiration, and it will ignore the weeklies in between, and so on.


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