OPEN-SOURCE SCRIPT
Updated Option Levels KiK
Option Levels KiK - Automatic Options Levels Converter
This indicator automatically converts SPX options levels to ES futures prices in real-time.
KEY FEATURES:
- Automatic conversion from any index (SPX, NDX, etc.) to its corresponding futures contract (ES, NQ, etc.)
- Two conversion modes: Ratio or Spread
- Automatic reference price capture at user-defined time (default 15:30 Paris time)
- Displays key options levels: Gamma Flip, Forward, C50, C70, P50, P70
CONVERSION METHODS:
- Ratio Mode: Future Level = Index Level × (ES Reference / SPX Reference)
- Spread Mode: Future Level = Index Level + (ES Reference - SPX Reference)
CUSTOMIZATION:
- Enable/disable individual levels
- Fully customizable colors, line styles, and widths
- Labels displayed on the right side of the chart
- Reference time automatically converts from Paris timezone to US market time
USAGE:
1. Enter your options levels for the index (e.g., SPX)
2. The indicator automatically converts them to futures levels (e.g., ES)
3. Monitor the conversion info table in the top-right corner
Perfect for options traders who need to track index levels on futures charts!
This indicator automatically converts SPX options levels to ES futures prices in real-time.
KEY FEATURES:
- Automatic conversion from any index (SPX, NDX, etc.) to its corresponding futures contract (ES, NQ, etc.)
- Two conversion modes: Ratio or Spread
- Automatic reference price capture at user-defined time (default 15:30 Paris time)
- Displays key options levels: Gamma Flip, Forward, C50, C70, P50, P70
CONVERSION METHODS:
- Ratio Mode: Future Level = Index Level × (ES Reference / SPX Reference)
- Spread Mode: Future Level = Index Level + (ES Reference - SPX Reference)
CUSTOMIZATION:
- Enable/disable individual levels
- Fully customizable colors, line styles, and widths
- Labels displayed on the right side of the chart
- Reference time automatically converts from Paris timezone to US market time
USAGE:
1. Enter your options levels for the index (e.g., SPX)
2. The indicator automatically converts them to futures levels (e.g., ES)
3. Monitor the conversion info table in the top-right corner
Perfect for options traders who need to track index levels on futures charts!
Release Notes
Table AdditionOpen-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.
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.
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.