Question

I have a .dat file of time series data for options so it includes trade date and expiration date, in addition to the price data for which I want to do timeseries analysis in R.
I am new to R, so I have been following some of the examples online. in my attempt to upload the data as a data-frame, I tried the scan(), but I get the following error:

Error in scan(file, what, nmax, sep, dec, quote, skip, nlines, na.strings,  : 
  scan() expected 'a real', got '2010-Aug-09,2011-Aug-19,C00026000,0.23985,5.53,0.999999,0.00712328'

I understand it is expecting real but I need to enter the dates and the option ticker to make sense of the time series, so can someone give me some guidance on how I go about it.thx.

Answer 1

Scan requires that you specify the contents of the data; by default it assumes that you are just reading in numbers (which you aren’t).

As per Joran’s comment, read.csv (or read.table) is much more user friendly for reading in data frames from file. Use that instead.