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Option Premium Chart - Key Levels

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This indicator is made to draw lines on an options contract's premium chart to show key levels the premium may support or resist at. Similar to a normal stock chart, use these levels to analyze at what price to enter, what price to set a stop loss, and what price to target.

The settings have been optimized to detect areas that candle bodies and stems touch multiple times and on a chart with minimal bar history. Typical stocks may have more candle history, but an option contract's chart has less bars and needs to be adjusted to read it differently.

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