Using levels calculated using options data to trade

This is an example of how to use the indicator I built.

I mentioned IV without explaining that it's the "Implied Volatility". Higher numbers indicate that options contracts are more expensive. Reason why I mentioned PLTR is a great candidate to sell covered calls.

Another thing I didn't mention is that the indicator is fully compatible with Pine Screener, allowing you to find tickers where price relative to the walls meet several conditions.

Sorry, I started with PLTR and ended with HOOD, so it's showing HOOD.

IMPORTANT: My explanation of how market makers work is a very simplistic one just for people to understand. Not very accurate, I know.

Enjoy!

Feragatname