Options Volume Sentiment

[Jeff MulHolland]

Good afternoon everyone!
Does anyone know of an indicator that shows the volume of the options as shown in the attached figure?

 

[netarchitech]

Does anyone know of an indicator that shows the volume of the options as shown in the attached figure?

Yes, but it's $248.00...

https://funwiththinkscript.com/indicators/gex-gamma-exposure/

FYI...You might want to check out Tradytics as well...Market Net Flow is very interesting, but it costs $70.00 per month to subscribe...

Good Luck and Good Trading...

 

[cjkeller]

Hey Jeff,

Can you share out the lower study on Options Sentiment?

Thanks

 

[dart966]

Hey Jeff,

Can you share out the lower study on Options Sentiment?

Thanks

I believe Jeff is asking for the same indicator:

"Does anyone know of an indicator that shows the volume of the options as shown in the attached figure?"

 

[swisstrader]

Yes, but it's $248.00...

https://funwiththinkscript.com/indicators/gex-gamma-exposure/

FYI...You might want to check out Tradytics as well...Market Net Flow is very interesting, but it costs $70.00 per month to subscribe...

Good Luck and Good Trading...

this is a link to the Gamma code or script not to the actual questions asked being: does anone have a script for Option Volume?

this is a link to the Gamma code or script not to the actual questions asked being: does anone have a script for Option Volume?

im not asking for gamma exposure, im askking for option volume...

 

[SethW446]

swisstrader said: im not asking for gamma exposure, im asking for option volume..

If you go to chart settings (the gear icon before time frame) click on options, there is a box for volume, show volume subgraph.
That will get vol for that time frame, I think.

 

[quantumomegallc]

swisstrader said: im not asking for gamma exposure, im asking for option volume..

If you go to chart settings (the gear icon before time frame) click on options, there is a box for volume, show volume subgraph.
That will get vol for that time frame, I think.

Take out Open_interest and insert Volume (change your timeframe aggregation to whatever, 1m, 5m etc. and it works.

 

[RandBots]

Yes, but it's $248.00...

https://funwiththinkscript.com/indicators/gex-gamma-exposure/

FYI...You might want to check out Tradytics as well...Market Net Flow is very interesting, but it costs $70.00 per month to subscribe...

Good Luck and Good Trading...

swisstrader said: im not asking for gamma exposure, im asking for option volume..

If you go to chart settings (the gear icon before time frame) click on options, there is a box for volume, show volume subgraph.
That will get vol for that time frame, I think.

Were do you mean, which software. I can find it?

 

[RandBots]

Take out Open_interest and insert Volume (change your timeframe aggregation to whatever, 1m, 5m etc. and it works.

Can you provide a picture?

 

[netarchitech]

@swisstrader @RandBots

Are you looking for straight volume? If so, TOS provides the ability to look at an individual option chart and you could add whatever volume study you want to it...

Hope this helps...

Good Luck and Good Trading

 

[rad14733]

I keep an Option Chart Grid up at all times with a preloaded Call and Put... This gives me the ability to monitor the Option Contracts and can even trade directly from the Charts if I so desire... I have traded Options like this for years, on and off... As the image depicts, I keep a modified Delta lower indicator for a better reference than simply a label... It becomes easy to see why I start with low Delta contracts as Delta rises quickly on 0DTE contracts for scalping... I can get more bang for the buck by trading multiple low priced low Delta contracts because combined they can amount to a cumulative Delta of sometimes over 1.00 for less outlay than a higher Delta contract... I only monitor Volume on my OptionHacker Scan driven Watchlist as depicted below, as well...

Food for thought...

 

[Hoxton]

I keep an Option Chart Grid up at all times with a preloaded Call and Put... This gives me the ability to monitor the Option Contracts and can even trade directly from the Charts if I so desire... I have traded Options like this for years, on and off... As the image depicts, I keep a modified Delta lower indicator for a better reference than simply a label... It becomes easy to see why I start with low Delta contracts as Delta rises quickly on 0DTE contracts for scalping... I can get more bang for the buck by trading multiple low priced low Delta contracts because combined they can amount to a cumulative Delta of sometimes over 1.00 for less outlay than a higher Delta contract... I only monitor Volume on my OptionHacker Scan driven Watchlist as depicted below, as well...

Food for thought...

View attachment 24349

View attachment 24350

Great idea. What are those labels MAE, BSW, HAT, SM? Are those your scripted labels or TOS? Many thanks

 

[antwerks]

this is a link to the Gamma code or script not to the actual questions asked being: does anone have a script for Option Volume?


im not asking for gamma exposure, im askking for option volume...

There are several on here:
https://usethinkscript.com/threads/...kes-for-thinkorswim.10664/page-10#post-139185

https://usethinkscript.com/threads/...rikes-for-thinkorswim.10664/page-3#post-94304

Most need manual manipulations

 

[rad14733]

Great idea. What are those labels MAE, BSW, HAT, SM? Are those your scripted labels or TOS? Many thanks

Those are a few of my personal Custom Watchlist Columns based on one or more indicators each... There are links posted Here...