This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
Top Reasons Why You Should Use QuantShare:
Works with US and international markets (stock, forex, options, futures, ETF...)
Offers you the tools that will help you become a profitable trader
Allows you to implement any trading ideas
Exchange items and ideas with other QuantShare users
Our support team is very responsive and will answer any of your questions
We will implement any features you suggest
Very low price and much more features than the majority of other trading software
The OCC, which stands for Options Clearing Corporation, is the world largest equity derivatives clearing organization. The OCC was founded in 1973 and it is under the jurisdiction of the CFTC, Commodity Futures Trading Commission and the SEC, Securities and Exchange Commission.
One of the OCC role is to clear transactions for put and call options on stocks, indexes, currencies, interest rate composites, futures stocks, futures and options on futures contracts.
The OCC has a record of all transactions that involve put and call options for all U.S. securities.
The current item downloads this data, which is made available on the Options Clearing Corporation website, and creates a database that will store the stocks put and call volume.
This item not only gets the volume of put and call options traded for U.S. stocks and for each trading day, it also gets the volume of put and call options traded by customers, firms and market makers.
The data is available since February 2008 and can be downloaded on a daily-basis. The database that will store the data is named 'putcall_volume'. It has nine fields:
Date: The date that corresponds to the volume data.
Call_Customer: The stock options call volume traded by customers. Customers refer to small and retail investors.
Put_Customer: The stock options put volume traded by customers.
Call_Firm: The stock options call volume traded by firms. Firms refer to Brokers and Dealers.
Put_Firm: The stock options put volume traded by firms.
Call_Market_Maker: The stock options call volume traded by market makers. Market makers refer to exchange members.
Put_Market_Maker: The stock options put volume traded by market makers.
Call_Total: The total stock options call volume traded for a particular date.
Put_Total: The total stock options put volume traded for a particular date.
To display the Put/Call ratio, you can use the following formula:
a = GetData("putcall_volume", "put_total", LastData) / GetData("putcall_volume", "call_total", LastData);
Plot(a,"put-call-ratio",colorBlack,chartLine,styleOwnScale);
This will plot the daily Put/Call ratio for a particular stock. The Put/Call ratio is a popular tool designed to help investors gauge the sentiment of a particular security.
The Put/Call ratio is generally used as a sentiment measure of the overall market. But research has shown that using individual stocks Put/Call ratio is more interesting.
You can also create some interesting time-series, like the percentage of the total call volume made by market makers:
a = GetData("putcall_volume", "call_market_maker", LastData) / GetData("putcall_volume", "call_total", LastData);
Plot(a,"market_makers",colorBlack,chartLine,styleOwnScale);
You have to log in to bookmark this object What is this?
>>>> More trading objects? click here to search for trading sytems, downloaders, screens, custom drawing tools, indicators... by country, market or style.
