Option as Tax
- Indicators
- Roberto Spadim
- Version: 1.1
- Updated: 8 July 2019
- Activations: 5
This indicator represent option and basis values as a tax, using this formula:
Tax = ( ( strike / ( basis - option ) ) - 1 ) * 100
It's not time based (don't use time to expire information)
You can set a fixed strike value, and a fixed basis symbol if needed. Some exchanges/brokers don't provide this information at marketdata and that's the only method to use this information when not provided.