Putoption — Indicators and Strategies — TradingView

OPTION TRADING SYSTEM + OI Summary Pro Option Trading System – Complete Analysis Guide The aiTrendview Option Trading System is an advanced trading dashboard designed to assist traders in making high-probability, risk-managed decisions. Built using Pine Script, this indicator combines SuperTrend-based signals, volume analysis, options flow data, momentum indicators, and dynamic risk management strategies into a unified chart overlay. Its structure supports both discretionary and systematic traders across intraday and swing trading styles. 1. Input Parameters and Configuration SuperTrend Settings The script allows users to configure the ATR period and ATR multiplier for Supertrend signal generation. A lower ATR period increases signal sensitivity, while a higher multiplier reduces noise and generates more conservative entries. Risk Management Parameters Users can pre-define their trade structure using input fields for stop-loss percentage and three target levels (10%, 20%, 30%). The system automatically calculates the risk-to-reward (R:R) ratio, aiming for a minimum R:R of 1:1.5 or greater. Display Customization Traders can customize the dashboard's position (top/bottom + left/center/right), size (small, normal, large), and toggle visibility. This enables non-intrusive viewing based on screen size and trading layout. Options Flow Simulation The tool simulates options market data, including hour-over-hour Open Interest (OI) changes, ATM strike detection, and positioning strength to reflect institutional sentiment. 2. Trading Signals and Momentum Confirmation Signal Logic Buy and sell signals are generated when price crosses above or below the Supertrend line, validated by volume confirmation. A neutral or “Wait” signal appears when conflicting data is detected. Entry price, stop loss, and three profit targets are provided with every setup. Momentum Filter RSI values are used to gauge momentum: • RSI < 30: Accumulation zone (potential buy support) • RSI > 70: Distribution zone (potential selling pressure) • RSI 30–70: Neutral (range-bound) 3. Volume Analysis Volume confirmation is essential to validate signal strength. The script measures real-time volume against a 20-period moving average and displays it as a ratio. A value above 1.5x suggests strong participation; above 2.0x typically indicates institutional involvement. Color coding helps interpret current volume intensity, and live profit/loss tracking enables real-time trade management based on entry price and current market price. 4. Options and Market Data Interpretation The system calculates: • ATM Strike: The at-the-money option strike rounded to the nearest 50. • Put/Call Volume: Directional activity through volume-based analysis. • Put-Call Ratio (PCR): Market sentiment gauge (bullish below 0.8, bearish above 1.2). • OI Trend Analysis: Detects long buildup, short covering, unwinding, and institutional accumulation by comparing price and OI changes. These insights help assess the alignment of retail and institutional sentiment and can act as a contrarian signal at extreme values. 5. Market Context Daily trend bias is determined by comparing the current price to the previous day’s range. If price exceeds the previous high, the bias is bullish; below the low, bearish; and within the range, neutral. This is used as an additional filter for validating breakout/breakdown opportunities. 6. Risk-Optimized Trade Execution The tool recommends executing trades only when at least 4 of the 6 confirmation conditions are met: 1. Supertrend Signal 2. Volume Confirmation (ratio > 1.5) 3. Momentum (RSI in favorable zone) 4. Options Flow (PCR aligned) 5. OI Trend aligned with trade direction 6. Minimum 1:2 Risk-Reward Ratio Based on the strength of confirmation: • 6+ confirmations: 2% capital risk per trade • 4–5 confirmations: 1% capital risk • Fewer than 4: avoid or use very limited sizing 7. Exit Management The system follows a three-target approach: • Target 1 (10%): Partial exit to cover costs and lock in small gains. • Target 2 (20%): Additional scaling out. • Target 3 (30%): Let remainder trail using dynamic stop. A 20% hard stop loss is enforced to limit drawdowns. 8. Alert System Integration Alerts are built into the script and can be configured for: • Buy/Sell signals • Volume spikes above 2.0x • Profit milestones (5%, 10%) • Stop-loss proximity These alerts are compatible with TradingView push notifications, email alerts, and can be routed through third-party services like Telegram for extended utility. 9. Interpretation and Strategy Guidelines The dashboard is built for real-time decision-making. Sample interpretation: • Buy Signal + Volume > 2.0x + PCR < 0.8 + OI Buildup = High-conviction long trade • Sell Signal + RSI > 70 + Short Buildup + Price below PDC = Short trade setup Mult timeframe analysis is also recommended: • 15-minute chart: Entry timing • 1-hour volume: Institutional trend confirmation • Daily range: Breakout validation Disclaimer from aiTrendview This script is intended for educational and informational purposes only. It does not constitute financial advice, trading signals, or investment recommendations. aiTrendview and its affiliates are not responsible for any financial losses or decisions resulting from the use of this tool. Trading and investing involve significant risk. Past performance does not guarantee future results. Users should perform their own due diligence or consult a licensed financial advisor before making trading decisions.

Straddle Charts - Live Description : This indicator is designed to display live prices for both call and put options of a straddle strategy, helping traders visualize the real-time performance of their options positions. The indicator allows users to select the symbols for specific call and put options and fetches their prices on a 1-minute timeframe, ensuring updated information. Key Features : Live Call and Put Option Prices: View individual prices for both call and put options of the straddle, plotted separately. Straddle Price Calculation: The total price of the straddle (sum of call and put) is displayed, allowing for easy monitoring of the straddle’s combined movement. Customizable Inputs: Easily change the call and put option symbols directly from the settings. Use this indicator to stay on top of your straddle's value and make informed trading decisions based on real-time data.

Weekly Put Sale Weekly Put Sale This study is a tool I use for selling weekly puts at the suggested strike prices. 1. The suggested strike prices are based on the weekly high minus an ATR multiple which can be adjusted in the settings 2. You can also adjust the settings to Monthly strike prices if you prefer selling options further out 3. I suggest looking for Put sale premium that is between 0.25% to 0.75% of the strike price for weekly Puts and 1% to 3% of the strike price for monthly Puts Disclaimers: Selling Puts is an advanced strategy that is risky if you are not prepared to acquire the stock at the strike price you sell at on the expiration date. You must make your own decisions as you will bear the risks associated with any trades you place. To sum it up, trading is risky, and do so at your own risk.