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desktop:option_strategy_board [2023/12/22 15:55] – created rob | desktop:option_strategy_board [2025/03/18 16:29] (current) – [Expired Markets & RFQ] rob | ||
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====== Option Strategy Board ====== | ====== Option Strategy Board ====== | ||
- | The Option Strategy Board displays all exchange supported option strategy markets. Whenever a new strategy is created as soon as the exchange lists it we will automatically pick it up and display it. To create or define your own option strategies the Options Pro Package is required. You can open a new option strategy board from teh main window' | ||
- | TIP:The Option strategy | + | The Option |
- | Image | + | ===== Customizing the Layout ===== |
- | Quotes are displayed with best bid price and volume in blue, best offer price and volume in red, and last traded price and volume in green. Many additional Columns are available in Quote Board Properties. | + | **TIP:** The Option Strategy |
+ | * Drag the column header to move. | ||
+ | * Drag the column header side border to resize. | ||
+ | * Click the column header to resort (only the contract header is sortable). | ||
- | The Strategy Board also allows you to submit orders by clicking the bid and offer columns. Clicking a bid or offer price will open an Order Ticket ready to join the best bid or offer. Clicking a bid or offer volume will open an Order Ticket ready to hit the best bid or offer. | + | {{: |
- | Image | + | Quotes are displayed as follows: |
+ | * **Best bid price and volume** → *Blue* | ||
+ | * **Best offer price and volume** → *Red* | ||
+ | * **Last traded price and volume** → *Green* | ||
- | Across the top of the strategies window is the list of months | + | Many additional columns are available |
- | Columns can be added and removed from within the propertiesImage of the option strategy board you can add or remove columns. In the advanced section you can add things like Open interest, days remaining, settlement, Expiry date etc... | + | ===== Submitting Orders ===== |
- | TIP:Located in the Strategy | + | The Strategy |
+ | * Clicking a **bid or offer price** will open an **Order Ticket** ready to join the best bid or offer. | ||
+ | * Clicking | ||
- | Since these are all the exchange supported option strategies sometimes the exchange will close the market due to inactivity and the mode will display expired. If you have the Advanced data package you can right click on the expired market and select RFQ which will send a message to the exchange to open the market. If the exchange accepts it then the market mode will change to open. | + | {{: |
- | Image | + | ===== Available Strategies ===== |
- | From this right click you can also select trade contract which will bring up a trading ladder | + | Across the top of the strategies window is a list of **months available**. To the right of each month is a drop-down arrow that provides |
- | If you have the options pro package | + | Columns can be added and removed via **Properties**. |
+ | In the **Advanced Section**, | ||
+ | * Open Interest | ||
+ | * Days Remaining | ||
+ | * Settlement | ||
+ | * Expiry Date | ||
- | TIP: Notice the 300C+(300P) shows expired in the above picture. We used the right click RFQ to send a message to the exchange and the market is now open in the screen shot below. | + | ===== Display Settings ===== |
- | Image | + | **TIP:** The **Display Tab** in Strategy Board Properties allows you to: |
+ | * 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. | ||
+ | ===== Expired Markets & RFQ ===== | ||
+ | Since these are all exchange-supported option strategies, the exchange may **close the market due to inactivity**, | ||
+ | If you have the **Advanced Data Package**, you can: | ||
+ | * **Right-click** on the expired market. | ||
+ | * Select **RFQ (Request for Quote)**, which sends a message to the exchange to reopen the market. | ||
+ | * If accepted, the market mode will change to **open**. | ||
+ | {{: | ||
+ | |||
+ | From this **right-click menu**, you can also: | ||
+ | * Select **Trade Contract**, which brings up a **trading ladder** for that strategy. | ||
+ | * If you have the **Options Pro Package**, you can: | ||
+ | * Send this strategy to the **Option Strategy Solver**. | ||
+ | * Save it to your **Saved Strategies Window**. | ||
+ | |||
+ | **TIP:** Notice the **300C+(300P)** shows **expired** in the example image. After using the **RFQ**, the market is now **open** in the updated screenshot. | ||
+ | |||
+ | {{: | ||