Use options in strategies

[stormy77]

Not looking for auto trading as I'm aware that ToS does not support that.

What I want to do is edit some strategies to use options instead of stock

I got this from ToS Tutorials:

input price = close;

input length = 20;

def avg = Average(price, length);

AddOrder(OrderType.BUY_AUTO, price crosses above avg, open[-1], 100, Color.YELLOW, Color.YELLOW, “Buy”);

AddOrder(OrderType.SELL_AUTO, price crosses below avg, open[-1], 100, Color.RED, Color.RED, “Sell”);

With the default settings, it will simulate buying or selling 100 shares. Is there a way to make it but x number of Calls or put contracts ATM, at next expiry date, or 2 weeks out, or something similar. Since I only trade options, the existing strategies don't give me any useful info

 

[MerryDay]

No, the AddOrder() functions are not utilized with options.

thinkBack is where Option Simulations are run:
Here are a couple of links to get you started:
https://tickertape.tdameritrade.com/tools/thinkback-thinkorswim-backtesting-options-strategies-18646

You can google more links, if you need.