OPEN-SOURCE SCRIPT
Options Combined Premium Strategy
This Pine Script™ code creates an options strategy that combines premium data from both call and put options. It allows you to select different indices (like NIFTY, BANKNIFTY, etc.), input expiry date and strike prices, and choose to either combine or separate the call and put options. The script calculates combined premium values and offers various technical indicators (EMA, Supertrend, VWAP, RSI, SMA) for buy and sell signals. It plots these signals on the chart and provides alerts for potential trades.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.