OPEN-SOURCE SCRIPT
Synthetic Future Calculator thru Options - NSE
Provide Expiry date, Base symbol of options with exchange i.e. for NIFTY options type 'NSE:NIFTY' in the 'Option Base Symbol' field and enter ATM strike of the underlying instrument (spot value). The information should be shown in tabular form on the chart.
General interpretation :
Higher the basis, higher the demand
Lower the basis, lower the demand
Can also be used as counter trend indication.
General interpretation :
Higher the basis, higher the demand
Lower the basis, lower the demand
Can also be used as counter trend indication.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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