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(ask-bid)/ask<10% Options


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  #1 (permalink)
jbesr1230
Seattle, WA, USA
 
Posts: 1 since Apr 2018
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Hello,
I have been using Think or Swim for several weeks and I would like to add a filter to my options scan that would be a calculation of (ask-bid)/ask <10%. I cannot find anything in TOS that gets me to this. I see there is "Custom" feature and I am wondering if some of you who are familiar with this could give me guidance. If this is possible at all. Or is there a better way?

Thank-you


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  #2 (permalink)
 1upTrader 
Seattle, Washington
 
Experience: Intermediate
Platform: SC
Trading: ES, Options
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You can do this by writing a script and including it in the scan. If you are just looking for "penny-wide" spreads, TOS provides a filtering category called 'Penny Increment Options'


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