OPEN-SOURCE SCRIPT
Options levels

Overview
Options Levels 🎯 plots 13 key institutional and options-based levels directly on your chart — including Call Wall, Put Wall, Gamma Flip, Whales Pivot, five Whale levels, and Sigma deviation bands (σ¹ / σ²).
It’s designed for both intraday and swing traders, offering a clean visual structure with elegant emoji labels, flexible visibility controls, and precise right-edge extensions for each line.
✨ Key Features
⚙️ Inputs & Settings
🚀 How to Use
The plotted levels are derived from aggregated options flow data, institutional positioning, and volatility-based deviations (σ). They serve as reference zones rather than predictive signals, helping visualize where liquidity and dealer hedging pressure may cluster.
📖 Level Definitions
Levels are manually input by the user. This script is a visual reference, not a predictive model.
⚠️ Notes
Disclaimer:
This indicator is for educational and visual purposes only. It does not generate buy/sell signals or guarantee future results. User-provided levels are meant for contextual reference only.
Developed for traders who rely on market structure and options flow context. Feedback and suggestions are welcome.
Options Levels 🎯 plots 13 key institutional and options-based levels directly on your chart — including Call Wall, Put Wall, Gamma Flip, Whales Pivot, five Whale levels, and Sigma deviation bands (σ¹ / σ²).
It’s designed for both intraday and swing traders, offering a clean visual structure with elegant emoji labels, flexible visibility controls, and precise right-edge extensions for each line.
✨ Key Features
- Single structured input with 13 ordered levels:
CallWall, PutWall, GammaFlip, Whales Pivot, Whale1..Whale5, Upperσ1, Upperσ2, Lowerσ1, Lowerσ2 - Expressive emoji labels (🟢, 🔴, ⚖️, 🌑, 🐋, σ¹/σ²) optimized for dark themes.
- Right-edge alignment: each line extends exactly to its label — no infinite lines.
- Group visibility toggles:
• Critical Levels → Call Wall, Put Wall, Gamma Flip, Whales Pivot
• Whale Levels → Whale 1–5
• Sigma Bands → Upper/Lower σ¹ and σ² - Dynamic line-length multipliers that emphasize key levels.
- Built-in alert conditions:
• Price crossing above the Call Wall
• Price crossing below the Put Wall
⚙️ Inputs & Settings
- 📋 Level List (string): comma-separated list of 13 numeric values.
Example: [6750,6700,6739,6729,6687,6641,6654,6636,6715,6798,6856,6682,6625] - 🎨 Appearance
• Base line length (bars)
• Label visibility toggle
• Line thickness
• Extend line and label to the right
• Distance (bars) between last candle and label - 👁️ Visibility Controls
• Toggle Critical, Whale, or Sigma levels independently
🚀 How to Use
- Paste your list of 13 ordered levels into the input field.
- Adjust base length and thickness according to your timeframe.
- Enable “Extend to the right” to position labels neatly beyond the last candle.
- Use visibility toggles to focus on specific level groups (e.g., hide Whale Levels for short-term setups).
- Optionally enable alerts to track price breakouts above/below Call and Put Walls.
The plotted levels are derived from aggregated options flow data, institutional positioning, and volatility-based deviations (σ). They serve as reference zones rather than predictive signals, helping visualize where liquidity and dealer hedging pressure may cluster.
📖 Level Definitions
- Call Wall 🟢 — The strike with the highest call open interest; potential resistance area.
- Put Wall 🔴 — The strike with the highest put open interest; potential support area.
- Gamma Flip ⚖️ — Level where total gamma exposure changes sign; may reflect a shift in dealer hedging behavior.
- Whales Pivot 🌑 — Represents the average institutional positioning from the previous trading day, reflecting where large option flows were most concentrated.
- Whale Levels 🐋 — High-premium or large-volume strikes typically linked to institutional activity.
- Upper σ¹ / σ² 📈 — One and two standard deviations above spot; potential overextension zones.
- Lower σ¹ / σ² 📉 — One and two standard deviations below spot; potential mean-reversion zones.
Levels are manually input by the user. This script is a visual reference, not a predictive model.
⚠️ Notes
- Levels are user-provided (not calculated by this script).
- The indicator does not issue buy/sell signals or provide performance guarantees.
- Designed purely as a visual aid for contextual market reference.
- Optimized with barstate.islast for performance (draws only at the latest bar).
Disclaimer:
This indicator is for educational and visual purposes only. It does not generate buy/sell signals or guarantee future results. User-provided levels are meant for contextual reference only.
Developed for traders who rely on market structure and options flow context. Feedback and suggestions are welcome.
Скрипт с открытым кодом
В истинном духе TradingView автор этого скрипта опубликовал его с открытым исходным кодом, чтобы трейдеры могли понять, как он работает, и проверить на практике. Вы можете воспользоваться им бесплатно, но повторное использование этого кода в публикации регулируется Правилами поведения.
DarkGamma • Link hub in my profile
Levels · Flow · Gamma · Options
Levels · Flow · Gamma · Options
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
Скрипт с открытым кодом
В истинном духе TradingView автор этого скрипта опубликовал его с открытым исходным кодом, чтобы трейдеры могли понять, как он работает, и проверить на практике. Вы можете воспользоваться им бесплатно, но повторное использование этого кода в публикации регулируется Правилами поведения.
DarkGamma • Link hub in my profile
Levels · Flow · Gamma · Options
Levels · Flow · Gamma · Options
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.