Futures Option Volume
This package includes a custom ThinkOrSwim study for Futures Option Volume. This indicator plots the call and put option volume for up to 25 option contracts per bar. The volumes plotted are for the current ITM contract for each option as well as the surrounding user chosen number of contracts up and down. Volumes above a user chosen amount are highlighted in bright green (calls) or bright red (puts).
- This indicator works solely for futures contracts.
- This indicator is complex and its loading time is dependent on your computer and the options selected.
- Customizations include
- Up to 25 different option contracts of underlying future contract
- Increment between option contracts strikes
- Number of strikes in either direction
- Plot calls only, puts only or both
- Tolerance level is to distinguish elevated volume
- Alerts are included!
- Instructions will be provided.