Study to scan for options Vol > Open Int


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Is it possible to create a custom study where you can see that volume > open interest?

 

Thanks!

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Posted by Joshua Long (Questions: 2, Answers: 1)
Asked on October 22, 2019 5:31 pm
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Sorry but no. This requires that we add a Study Filter to the Options Hacker scan in Thinkorswim. When you do so, you will find the code in the Study Filter only reads data from the underlying stocks and not the actual options contracts. Based on requests I get for option scans, the Options Hacker scan is full if missing pieces.

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Posted by Pete Hahn (Questions: 37, Answers: 4153)
Answered on October 23, 2019 1:40 pm
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I have a sample that may help... Fundamental("fundamentalType" = FundamentalType.OPEN_INTEREST, "period" = AggregationPeriod.DAY) from 3 bars ago is greater than or equal to Fundamental("fundamentalType" = FundamentalType.OPEN_INTEREST, "period" = AggregationPeriod.DAY) from 4 bars ago
(Kevin Carroll (KevinCounts) at November 30, 2021 10:39 am)
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Same response I provided in the comment you added to another post: Study Filters can only read data from individual stocks. Even when we apply a Study Filter to the "Options Hacker" scan on Thinkorswim, the code we add to that Study Filter does not see any options contracts at all. Only individual stocks.
(Pete Hahn at November 30, 2021 2:22 pm)