OPEN-SOURCE SCRIPT

Options Levels Support and Resistance

Mis à jour
Are you sometimes clueless of where you are going to find support or resistance for the stock price? Nothing can be more powerful than market positioning via options levels.

This indicator visualizes key institutional options levels including short-term and longer-term Put/Call Walls, and projected implied move ranges.

Key Features:

  • Displays major support/resistance levels derived from options data
  • Shows institutional Put Walls (PW) and Call Walls (CW) - areas of significant options activity
  • Identifies short-term and longer-term gamma levels for more precise trading
  • Includes an option statistics (IV, Put/Call ratio, trend) in a clean dashboard
  • Automatically(*) updates throughout the trading day to reflect current market positioning
  • Currently supporting 440 of the most popular tickers.
  • Presents gamma flip levels for indexes SPX, RUT, NDX and VIX


Trading Applications:

  • Identify key price levels where institutional options activity may influence price movement
  • Gauge market sentiment through IV levels, Put/Call ratios, and options positioning
  • Plan entries/exits around major Put/Call walls where price reversals are more likely
  • Monitor changes in institutional positioning through level trends


Levels are calculated externally using comprehensive options data and updated into the indicator multiple times per day. Note that I can't guarantee it will be timely updated since TradingView offers no access to external data nor a way to programmatically update the script.

This code simply renders the levels I calculate using external software. I had to make the code as short as possible to accommodate more tickers, reason why there is no commenting.

The last update time (New York/EST) is shown in the dashboard.
Notes de version
Jan 15, 10:24a
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Jan 15, 10:52a
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Jan 15, 11:21a
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Jan 15, 12:20p
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Jan 15, 12:20p
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Jan 15, 1:20p
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Jan 15, 4:46p
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bug fixing
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Jan 16, 10:15a
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Jan 16, 10:43a
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changed version to 6
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11:40am
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Jan 16, 1:28p
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Jan 16, 3:19p
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Jan 16, 6:05p
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pre-market, implied move and volatility will be off
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Jan 17 10:30a
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Jan 17, 11:38a
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Jan 17, 1:18p
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Jan 17, 3:44p
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Jan 21 10:30a
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Jan 21 noon
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Jan 21, 1:59p
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Jan 21, 4:09p
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Apologies, today many tickers got me errors so only a subset was available throughout the day.

Jan 21, 6:24p
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Jan 22, 8:35a
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Jan 22, 10:50a
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Jan 22, 12:57p
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Jan 22 2:50p
optionsPivot points and levels

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?


Dad of James, trader, technologist, cyclist, and a modern stoic who loves dachshunds, espresso and landscape photography in no particular order.
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