Options Chain
An options chain is a table displaying all available options contracts for a specific asset, organized by expiration date and strike price. It shows bid/ask prices, volume, open interest, and Greeks for both calls and puts.
Understanding the Concept
• Calls are typically listed on the left, puts on the right • Strike prices run vertically, usually centered around current stock price • Open interest shows how many contracts exist at each strike • Volume indicates today's trading activity at each strike
Real-World Example
Looking at Apple's options chain, you see the $175 calls expiring in two weeks have a bid of $2.50, ask of $2.55, volume of 15,000, and open interest of 45,000. The Greeks show delta of 0.45, theta of -0.08, and IV of 25%. This information helps you pick the right contract for your strategy.
How Strykr Helps
Strykr's AI assistant helps you understand and apply Options Chain concepts to your trading. Get personalized guidance and real-time market analysis to make better decisions.
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