Straddle Charts - Live (Enhanced)

Track options straddles with ease using the Straddle Charts - Live (Enhanced) indicator! Originally inspired by mudraminer, this Pine Script v5 tool visualizes live call, put, and straddle prices for instruments like BANKNIFTY. Plotting call (green), put (red), and straddle (black) prices in a separate pane, it offers real-time insights for straddle strategy traders.

Key Features:





Live Data: Fetches 1-minute (customizable) option prices with error handling for invalid symbols.



Price Table: Displays call, put, straddle prices, and percentage change in a top-left table.



Volatility Alerts: Highlights bars with straddle price changes above a user-defined threshold (default 5%) with a yellow background and concise % labels.



Robust Design: Prevents plot errors with na checks and provides clear error messages.

How to Use: Input your call/put option symbols (e.g., NSE:NIFTY250814C24700), set the timeframe, and adjust the volatility threshold. Monitor straddle costs and volatility for informed trading decisions.

Perfect for options traders seeking a simple, reliable tool to track straddle performance. Check it out and share your feedback!