Option Board
Our Option Board allows you to view and trade any exchange-hosted outright options. You can:
- Add options markets to a Quote Board.
- Open them in a Contract Window.
- Use the new Option Board window.
To open an Option Board window, select Option Board from the New Item Menu and choose the contract you want.
Quotes & Order Submission
Quotes are displayed as follows:
- Best bid price and volume → *Blue*
- Best offer price and volume → *Red*
- Last traded price and volume → *Green*
Many additional columns are available in Quote Board Properties.
The Option Board allows you to submit orders by clicking the bid and offer columns:
- Clicking a bid or offer price opens an Order Ticket ready to join the best bid or offer.
- Clicking a bid or offer volume opens an Order Ticket ready to hit the best bid or offer.
TIP: Calls are on the left, Puts are on the right, and the strike price is in the middle.
Available Contracts & Customization
Across the top of the Option Board window is a list of months available.
Columns can be added and removed via Properties. In the Advanced Section, you can add details such as:
- Open Interest
- Days Remaining
- Settlement
- Expiry Date
TIP: Located in Option Board Properties is the Display Tab, where you can:
- Give your window a unique name.
- Adjust the font.
- Save the window as a default, applying layout changes to an Option Strategy Board for a different product.
Trading Ladder
To open a Trading Ladder, simply right-click on the market you want. For example, in the image above:
- Right-clicking on May 400P opens a Put Trading Ladder.
- Right-clicking on the left side would open a Call Trading Ladder for May 400C.
Quick Order Entry
On the Option Board, you can pre-set a quantity for faster order entry. Whatever quantity you set will be applied when pulling up a ladder or order ticket.
The Option Board will also display:
- The underlying month.
- The current bid price.
- The last trade price.
- The offer price.