What is Options Sizzle Index in ThinkorSwim? How to Use It

@frugal There is no such thing as "stock sizzle" in ThinkorSwim. You must be talking about the Sizzle Index, which includes the Call Sizzle Index and Put Sizzle Index.
 

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Is it possible to calculate the sizzle index inside thinkscript study?
Sizzle Index is a thinkorswim feature that allows you to find stock symbols that currently see an increase in the number of options traded compared to the last five days’ average. It is calculated as the ratio of the current total volume of put and call options to the arithmetic mean of daily put and call volumes over the last five days. Individual call and put Sizzle Index values are also calculated and available as watchlist column.

This data is not available inside thinkscript study.
 
I was wondering if there was a way to create a chart label for "Call Sizzle" and "Put Sizzle." I feel like this could be handy when used in conjunction with context of the chart and some indicators to quickly filter out stocks without having to use the Options Statistics tab to try to interpret the market's sentiment.
 
I was wondering if there was a way to create a chart label for "Call Sizzle" and "Put Sizzle." I feel like this could be handy when used in conjunction with context of the chart and some indicators to quickly filter out stocks without having to use the Options Statistics tab to try to interpret the market's sentiment.
The ToS platform does not make that data available for chart labels or for custom scripts.
 
Is there ways to create a Sizzle Index as lower study to show historical values for individual stock charts? Also, if possible to scan for a Sizzle Index yesterday or the day before yesterday using [1] or [2]?
 
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Is there ways to create a Sizzle Index as lower study to show historical values for individual stock charts? Also, if possible to scan for a Sizzle Index yesterday or the day before yesterday using [1] or [2]?
The ToS platform does not make the sizzle index data available for plotting as a lower study.
The ToS platform does not allow us to interact or create custom scripts using the sizzle index.

It is a watchlist column field.
 
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Is there a way to set up a scan for a differential between put/call sizzle? For example, a call sizzle of 2 and a put sizzle of 1. Ultimately, I would like to see a differential of 2x. Thus, the call sizzle could be 4 and put sizzle 2, etc.
 
Is there a way to set up a scan for a differential between put/call sizzle? For example, a call sizzle of 2 and a put sizzle of 1. Ultimately, I would like to see a differential of 2x. Thus, the call sizzle could be 4 and put sizzle 2, etc.

The ToS platform does not make the sizzle index data available for scanning.
 

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