Option Chain Window Overview

You can use the Option Chain window to view information for options contracts. You can view information such as:

Opening the Option Chain window

To view the Option Chain window, click the

button from the Ultimate Trader main window.

Field Name	Description
Default Columns
Symbol	Indicates the symbol of the displayed security
Last	Indicates the Last trade price for the security
Volume	Indicates the total trade volume for the security
Change	Indicates the difference between the current and opening price for the security
Bid	Indicates the current bid price
Ask	Indicates the current ask price
Other Columns
Last Exchg	Indicates the last exchange used to trade the security
Bid Size	Indicates the current bid size for the security
Bid Exchg	Indicates the exchange placing the bid
Ask Exchg	Indicates the exchange placing the ask
Ask Size	Indicates the ask size for each option
Open Int	Open Interest. The total number of long positions outstanding in a futures contract (equals the total number of short positions)
Imp Vol	Implied Volatility. Volatility implied from an option price using the Black-Scholes or a similar model.
30d Vol	Indicates the average volume for the option during the previous 30 days
60 day Vol	Indicates the average volume for the option during the previous 60 days
Blk-Sch	Black-Scholes model. A model for pricing European options on stocks, developed by Fischer Black, Myron Scholes, and Robert Merton.
Delta	The rate of change of the derivative with the price of the underlying asset.
Gamma	The rate of change of delta with respect to the asset price.
Rho	Rate of change of the price of a derivative with the interest rate.
Theta	Measures impact of a change in time remaining
Vega	Measures impact of a change in volatility