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
This CBOE Options Advance Decline will get the number of options issues (put and call options) that are advancing and the number of options issues that are declining for the Chicago Board of Exchange.
This item downloads historical data for the period you specify and then creates the following ticker symbols:
^ADVCO (CBOE Options Advance): This is the daily number of advancing options issues. It is the number of options issues whose today's close price is higher than yesterday's close price. On May 28, 2010, the CBOE Options Advance indicator was equal to 9,676.
^DECCO (CBOE Options Decline): This is the daily number of declining options issues. On May 28, 2010, the CBOE Options Decline indicator was equal to 12,409.
The CBOE Options Advance-Decline Line is a medium term market breadth indicator. It can be created by calculating the difference between the number of advancing options issues and the number of declining options issues and then adding the result to the previous value of the CBOE Options Advance-Decline Line.
Several other market breadth indicator, such as the Absolute Breadth Index, the Advance Decline Ratio, which are usually constructed using the advance decline data of stocks, can be created using the advance decline options issues numbers. You simply need to change the number of advancing stocks by the number of advancing options issues and the number of declining stocks by the number of declining options issues.
The daily number of put and call options issues traded on the CBEO is available here CBOE Options Issues Traded.
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.
