IsOption

Description

This formula asks whether an instrument is an option. If the instrument is an option, the formula returns TRUE.

Formula

IsOption(instrument)=begin

  bOption = FALSE

  if instrument.type >= 128 then bOption = TRUE

  bOption

end

Parameters

instrument

The instrument argument specifies which instrument to evaluate.

Return Value

TRUE or FALSE

Examples

ProfitInTicks=begin

   nTotal = 0

   thisPrice = NONUM

   for i = 1 to PARAMCOUNT begin

      if IsOption($[i]) then thisPrice = $[i].oprice else thisPrice = $[i].uprice

      if thisPrice != NONUM AND $[i].qty != NONUM AND $[i].price != NONUM then begin

         nTotal = nTotal + Profit(thisPrice, $[i].price, $[i].qty)

      end

   end

   retval = Scale(nTotal, HUNDREDTHS)

end

Comments