desktop:fit [WIKI]

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====== Fit ======

{{:desktop:mm-fitem.png|}}

====== Refresh Market Data ======
Click to refresh the **market data**.  

====== Fit Electronic ======
Click to **fit** to the **electronic market**.  

====== Fit Settles ======
Click to **fit** to the **settlement**.  

====== Adapt To Electronic ======
Click to **adapt** to the **electronic market**.  

====== Adapt To Settles ======
Click to **adapt** to the **settlement**.  

====== Electronic vs Settles ======

**Electronic** = Volatility set to equal the **mid-market price** of an option.  
* Computed using **midpoint bid/offer data** from each options market and **midpoint bid/offer data** from the underlying **futures market**.  
* An **implied electronic market volatility** is computed for **each strike price** with a **bid and offer**.  
* **One-sided markets are ignored**.  

**Settles** = Volatility set to equal the **settlement price** of an option.  
* Uses the **option settlement price** in conjunction with the **futures settlement price**.  
* A **settlement volatility** is computed for **each strike price** with a **posted settlement**.  

**Note:**  
If you want to **exclude Electronic or Settlement values** below a certain value, refer to the **“Min Ticks Fit”** setting.  

====== Fit vs Adapt ======

**Fit:**  
* Takes the **implied volatility skew** (**Electronic or Settles**) and **completely overwrites** your existing skew.  
* This will **remove all previously configured strike volatilities** and **replace them** with the **implied skew**.  

**Adapt:**  
* Uses the **implied volatility skew** (**Electronic or Settles**) to **adjust existing strike volatilities**.  
* It **only adjusts** the volatility at each **previously configured strike price** to match the **implied volatility skew**.  
* It **will not replace, remove, or add** any strike volatilities that were **not already configured**.