

Want to break down volatility (vol) and know more about the options order flow? That’s where Today’s Options Statistics could help. You could also select the column title and, from the menu, select what you want displayed. It’ll be listed at the bottom of the menu. To save this layout, again, select Layout, then Save As., and give it a name.

Select the variables you want in your layout from the Available Items column and add them to the Current Set.You can also create your own from the Customize… menu. Here, you’ll find a bunch of customized layouts. To customize the column layout, select the Layout menu.This displays the strikes for all the options in the chain. You can select the Expand all drop-down panels on the far right of the Option Chain. Suppose you choose to display four strikes.You can also select the number of strikes to display. Select the Spread menu to see all your choices. You can also choose to display the Option Chain by spreads.

Filter based on parameters such as side (puts, calls, or both), expiration type (regular, quarterly, or weekly), days to expiration, and strike price.Past performance does not guarantee future results. There’s a lot of flexibility when it comes to displaying relevant information in the Option Chain. There’s virtually no limit to how you can customize the Option Chain on thinkorswim (see figure 1).įIGURE 1: CREATING A CUSTOM LAYOUT IN THE OPTION CHAIN. Here are three others to consider.Ĭustom layouts for the Option Chain. There are many features that can be found on this tab, but traders often stick to the default settings. Let’s focus on the Analyze tab on thinkorswim®. Trading gives rise to anxiety and, as a result, when it’s crunch time, you may look for anything to procrastinate placing the trade-munch on snacks, watch cat videos, play with your phone, and so on.įortunately, there are some tools you could apply that might help reduce the pre-trading anxiety. How often do you analyze the risk/reward trade-off for a potential options trade, then second-guess your decision and end up not placing the trade? It happens. Viewing volatility skew can help identify unusual options behavior.Today’s Options Statistics can help break down volatility and get a better idea of the order flow.Explore the different ways to customize the Option Chain layout in the thinkorswim® platform.
