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Option Chain View

Option Chain View displays a list of call and put options of an underlying. ArthaChitra lets user choose the contracts he/she wishes to monitor.

The Option Chain View supports the Market Scanner Columns and thus lets user view not only the traditional Level-I data like Bid, Ask, Last, Open, High, Low etc, it also supports indicator columns and user coded Market Scanner Columns. To know more about Scanner Columns please refer here

Option Chain

The below sections further describes how to select instruments and apply data matrix columns.

How to select the option contracts

Please follow the below steps to select the option contracts.

Note  Note
You must be connected to a connection before you could search the option contracts
  • Right click on the Option Chain View
  • In the context menu click on 'Select Instruments'
  • In the Strike Selector dialog select the 'Underlying' instrument from the top left dropdown menu.
  • Select the 'Expiry date'. For weekly contracts you must specify the exact expiry date.

  • Select the Option definition.

    • Click on the browse button
    • In the Instrument Definition selector dialog search for the suiable option definition
    • Click Ok
  • Click on the Search button
  • Check the option contracts you wish to view
  • Click Ok

Note : The Strike Selector View will be blank if there are no contracts could be found for the said underlying and/or expiry.

Strike Selector
How to select price columns

Please follow the below steps to add a Price columns:

  1. Right click on the Option Chain View
  2. In the context menu click on 'Select Columns'
  3. In the Column Selector dialog select the 'DataType' from the top left listbox and click on the Add button.
  4. In the Selected Scanner listbox, select the newly added object.
  5. On the right pane, select an appropriate Market Data Type like Last, Bid, Ask etc
  6. Check the check box 'Show volume' if you wish to display the volume instead of the price
  7. Repeat step 3-6 to apply more data matrix.
  8. Click on the Ok button.

Note: The availablity of the data metrix depends on your connectivity provider and can vary from connection to connection.

How to add an Indicator column

The Option Chain View allows one to add an indicator and view the values of the selected series. The values are updated in real-time and is a great way to scan the market metrics as it unfolds.

Please follow the below steps to add an Indicator:

  • Right click on the Option Chain View
  • In the context menu click on 'Select Columns'
  • In the Column Selector dialog select the 'Indicator Scanner' from the top left listbox and click on the Add button to add the indicator scanner.
  • In the Selected Scanner listbox, select the newly added scanner.
  • On the right pane, select the BarType (on which the indicator will be based on) and the Indicator which you intend to apply.
  • To configure the number of decimals the series value will display you can specify a string format.
  • If you want to trigger an Alert then please refer to the section Triggering an Alert for more details.
  • If you want to change the cell background color on certain conditions, then you can do so by adding triggers. Please refer to the section Applying Conditions for more details.
Market Scanner Column Selector
Applying conditions

To know how to add a condition please click here.

See Also