Option Position Indicators

Option Days to Expiration indicator

Returns the minimum or maximum days to expiration across option spreads matching the filter.

Definition

Returns the minimum or maximum days to expiration across option spreads matching the filter.

Parameters

Min/Max, Underlying (optional), Option Type (optional), Direction (optional), Spread Type (optional)

Output range: 0 to 365+

Example condition

text
`Min DTE < 7` (Closest option position expires within 7 days — consider closing)

Use in a strategy

Add this indicator to a strategy condition, choose its supported parameters and compare the output with the threshold required by your rule. Preserve the same interval and lookback when comparing backtests.

After saving the condition, inspect its asset, interval, lookback and comparison operator against the parameters above. If no trades occur, check whether the condition ever became true and whether the requested input data exists for that period. A missing input is not a zero-valued signal. An indicator produces an input to a rule. It does not establish future returns, and data availability can differ across assets and periods.