Option Chain

An options chain is simply a table that shows the “greeks” and open interest (OI) for calls and puts for a given security. As an example below is an options chain for SPY for the month of February. Excuse all the colors on the chart but I want to highlight a few key areas.

Implied Volatility (IV): Designated by the red box this is possibly the most important yet least understood aspect of buying an option. In many ways it is more telling of the price of an option versus the actual price. Sounds odd I realize but the

You need to be logged in to see this part of the content. Please Login to access.

Archived Posts By Date

Archived Posts By Subject


Opinions are those of the author(s),
and may contain errors and or omissions.
No warranties, either written or,
expressed are implied by this content.
Investment Advice
Content does not constitute investment
advice. Author may not disclose
financial positions in securities.

Get In Touch

Macro Story

Tony Pallotta

Contact via email

Technical Support

This website is designed to support
all browsers. If you have a question
or find an error, please contact us.