Options Grid

The Options Grid displays Options market data based on the ATM (or Mid Strike price) for the underlying future and expiration you select. Once populated, the grid allows users to view market activity and summary market data, as well as aggress and submit orders displayed in the grid.

Populating the Options Grid

The initial filters window that appears when adding an Options Grid card allows users to select an underlying future, expiration date range, and Greeks display. - are Greeks and Source coming out??

Note: Available expirations range from 3 months to 20 years. .

Once populated, select the Search button.

Underlying Future

To assign an Underlying Future, tap Select, enter a product in the Search field, and select an Underlying Future from the list.

Expiry

To select an expiration date range and choose from the following: 3 Months, 6 Months, 1 Year, 2 Years, 3 Years, 5 Years, 10 Years, 20 Years, or Cancel.

Option Category

Select from the available Options attributes.

Options List

Once populated, select the Search button to open the Options List. The list allows users to select an Option from the list and define the Mid Strike that will populate the Option Grid's market data display.

Options Market Data Grid - not getting WTI option or similar to display rates

The Options Grid market data displays details pertaining to the underlying future prices, and real-time Options market depth centered around the ATM price or a specified Mid Strike price.

The top pane serves as a point of reference while navigating the market data grid, and identifies the selected Option, while providing details of the underlying Future, including product name, expiration, Bid and Offer values, quantity values, last traded price, and change value and direction.

Note: A positive change value highlights in green and a negative in red.

The lower pane displays live Options market depth for the underlying future prices. By default, 10 strike prices display and center at the ATM price. The market data grid also allows users to center the display around the Mid Strike of their choosing.

 

Strike Price Data

Select a Strike Price from the Strike column in the market data grid to display supplemental strike data, including Bid/Offer Options market depth, Volume, Last, Change, and tick direction.

 

Update Mid Strike Price

By default, the ATM price serves as the Mid Strike price from which the market data grid is centered. In the Option description pane, select ATM to center prices around a specific strike price.

Enter an Options Order

The Options Grid allows users to aggress and enter Options orders from the market data grid and take a position in an Option.

  • To launch an order entry window and aggress an Options order, select a price directly from the market data grid.

To aggress an order, on the order entry window, select an account and submit the Bid/Offer. The aggressor's order entry window allows users to edit the Price, Quantity, and TIF fields prior to submitting the Bid/Offer.

  • To launch an order entry window and enter a new order, open a Strike Price Data window by selecting a price from the Strike column in the market data grid. From the Strike Price Data window, select New Bid or New Offer.

To submit an order, on the order entry window, select an account and submit the Bid/Offer. The window allows users to edit the Price, Quantity, Display Quantity Order, Order Type, and TIF fields as needed.

The Display Quantity Order feature allows users to designate a reserved quantity order that releases new live volume at the limit price after the initial volume is traded out.