Options Indicators (no img)
With the new option indicators, you can chart options-data directly in your chart and also add them to conditions and signals in your columns or in SignalBuilder. InteractiveBrokers does not provide historical data for options, while IQ does provide historical data for options.

Option Listener

This is a realtime-indicator, it will start loading data as soon as you add the indicator to your chart. Switch to the 1-Minute timeframe to see some results more quickly. No historical options data will be loaded with this indicator.
  • Expiry: Choose for which option expiry the data should be loaded
  • Field: Choose the data series you want to output with the indicator
  • OptionType: Put or Call option data
  • Strike: Choose for which strike the data should be loaded

Option Listener Atm

The same indicator as to the OptionListener, but this indicator always detects the current ATM strike and the nearest expiry, so you can load this indicator as a column to your LCG and e.g. print out any of the greeks values without having to manually select which exact option (strike/expiry) you want to see.

Option Multiline Listener

Again, basically the same logic as the OptionListener, but with this indicator, you can plot many data series of a single option at once. You have a list of selections which options data should be shown in the indicator panel.
  • Days in Year: Input value for BlackScholes calculation. There are two main mostly used settings: 365days or 250days. The chosen value will affect the greeks and implied volatility calculations.
  • Dividend Yield: Input value for BlackScholes calculation. What dividend the underlying yields. As there is not dividend data available in TradersYard X, you can set the dividend yield on your own. IQ also uses a dividend yield of „0“ for their internal calculation.
  • Expiry: Choose for which option expiry the data should be loaded
  • OptionType: Put or Call option data
  • Risk-Free Rate: Input value for BlackScholes calculation. What risk-free rate is available in the markets? Usually, returns of US-Bonds are used as a proxy for this value. IQ-Feed uses 5% as a risk-free rate in their internal greek-calculations, therefore we also take this value by default.
  • Strike: Choose for which strike the data should be loaded

Option BlackScholes Listener

This again follows the logic of the OptionMultilineListener, but this indicator is calculating the greek values and the implied volatility with the BlackScholes formula. It is available for IQFeed and is calculating all values also for historical values (as IQFeed is providing historical options data). You can

InstrumentExpiries

This new indicator works in future-charts (shows future expiries) as well as in stock-charts (shows stock-option expiries). Scroll the chart to the left and you will see vertical lines in the chart which represent the next expiries for this instrument.

HOTKEYS

Following hotkeys are available:
  1. 1.
    Toggle Options Trading Pad (Category „Chart Pads“)
  2. 2.
    OptionChain (Category „Charts“)
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HOTKEYS