OPEN-SOURCE SCRIPT

AAPL Covered Call + CSP Alerts (Enhanced)

170
This is a work-in-progress tool designed to help identify ideal setups for selling covered calls (CC) and cash-secured puts (CSP) on Apple (AAPL) using price levels, volume confirmation, and moving average context.

📈 What It Does
🔴 CC SELL Alert
Triggers when:

Price breaks above a custom resistance level

A volume spike confirms momentum

Designed to catch strong upside pushes where call premiums are rich.

🟠 CC WATCH Alert
Triggers when:

Price is near the 200-day MA

Volume is elevated but there’s no breakout yet

A pre-alert to watch for potential call-selling setups near resistance.

🟢 CSP BUY Alert
Triggers when:

Price drops below a custom support level

A volume flush signals potential short-term capitulation

Meant to time CSP entries when downside panic sets in.

⚙️ Adjustable Settings
Input Description
ccPriceTrigger Resistance level to trigger CC SELL
ccVolumeMultiplier Volume threshold for CC confirmation
maProximityBuffer Distance from 200 MA to trigger WATCH
cspSupportLevel Support level to trigger CSP BUY
cspVolumeMultiplier Volume threshold for CSP confirmation

🧭 Timeframe + Expiration Guidelines
Timeframe Use Case Recommended Option Expirations
1H Primary strategy view 21–30 days to expiration
15m Scalping / fast alerts 7–14 DTE (more sensitive)
Daily Swing or macro setups 30–45+ DTE for stability

📣 Alerts (How-To)
This script supports TradingView alerts — just right-click any chart and choose:

"Add Alert" → Select one of the following conditions:

"AAPL CC SELL Alert"
→ Triggers when breakout and volume spike align

"AAPL CC WATCH Alert"
→ Triggers when price approaches 200 MA with volume

"AAPL CSP Alert"
→ Triggers when support breaks with high volume

These alerts are great for traders who want real-time notification when premium-selling setups form — whether you're at your desk or mobile.

🧠 Strategy Context
Built after months of active trading on AAPL, this script distills real trading lessons from volume-based breakouts and support flushes into a signal system for timing covered call and CSP entries. We found these triggers especially reliable when paired with option delta targeting and open interest zones.

Feel free to clone, fork, or improve. Suggestions welcome — this is a living tool.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.