Option Volume Package PREMIUM
  • Option Volume Package PREMIUM

    $849.00 Regular Price
    $749.00Sale Price

    Recently updated to include our new Equities Option Volume indicator, with Bullish and Bearish Option Volume!!!

     

    This is our total solution to trading option volume the right way!

     

    This package includes THREE custom ThinkOrSwim studies:

    • Equities Option Volume
    • Index Option Volume
    • Volume Profile

     

    Equities Option Volume:

    This indicator plots the call and put option volume for up to 7 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 (bullish) or bright red (bearish).

     

    Details:

    • This indicator works solely for equities.
    • This indicator is complex and its loading time is dependent on your computer and the options selected.
    • Customizations include
      • Up to 7 different option contracts of underlying equity
      • Increment between option contracts strikes
      • Number of strikes in either direction
      • Plot bullish volume only, bearish volume only or both
      • Tolerance level is to distinguish elevated volume
    • Instructions will be provided.

     

    Index Option Volume:

    This package includes a custom ThinkOrSwim study for Index Option Volume. This study works on the following indexes (S&P 500, NASDAQ, Dow Jones and Russell). This indicator plots the bullish and bearish option volume for up to five weekly option contracts and two quarterly option contracts per bar. Bullish volume is defined as buying calls and selling puts. Bearish volume is defined as buying puts and selling calls. 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 (bullish) or bright red (bearish).

     

    Details:

    • This indicator works on the SPX, NDX, DJX and RUT.
    • This indicator is complex and its loading time is dependent on your computer and the options selected.
    • Customizations include
      • Up to 7 different option contracts of an index
      • Increment between option contracts strikes
      • Number of strikes in either direction
      • Plot bullish only, bearish only or both
      • Tolerance level is to distinguish elevated volume
      • Alerts are included!
    • Instructions will be provided.

     

    Volume Profile:

    This indicator adds on to the standard volume profile by showing important areas from the previous time period. Lines are drawn on the chart indicating the previous period's point of control, value area high and value area low.

     

    Details:

    • This indicator only works on intraday time periods.
    • This indicator works across all securities.
    • The volume profile is customizable for
      • Price per row height mode
      • Custom row height
      • Time per profile
      • Multiplier
      • On expansion
      • Profiles
      • Show POC
      • Show Value Area
      • Value Area percent
      • Opacity
      • Show profile

      DISCLAIMER:

      Indicators are for educational purposes only and should not be construed as investment advice.

      All products are distributed solely for PERSONAL USE ONLY. License information included in all files provided.