Option Contract Size Calculator

Option Contract Size Calculator

This indicator helps you to figure out the ideal number of contracts for your trade and its only used for options day trading.

The indicator needs to fill the input section in order to give you the information table that includes Contract size .

The input section consists of two sections. The first section requires user entry of the delta of the options contract from the broker chain and the stop loss size on the chart.

The second section allows you to enter your account balance and risk per trade
(2% recommended) .

There is also the option for where you wish to display your table like bottom right , bottom left or top right, top left.



special thanks to Mohamedawke for the open source script this code is based off