Option Trading Table to Master

Option Trading Table to Master

In the intricate system of option trading, as soon as phrases like using LEAPS in a covered call write stop frightening you off and take less than 10 minutes of intensive reflection to understand, you may proceed to reading option trading tables that will give you yet a deeper insight into the world of option trading.

An option trading table or option table usually contains 6 or 7 columns where the following information is specified in various combinations of succession.
  1. Put/Call; Option Trading Tables may include this column if there are no separate tables for either of the option types. Besides it, option trading tables do not differ in any other way, so it is possible to unite them in a sole body.
  2. Strike Price; The Strike Price column of the options trading table contains information on price (per share), for which the stock underlying it may be sold (put) or bought (call) if the option is exercised. The downfall or uprise movement of the strike prices usually occurs by $2.50 - $5 increments.
  3. Volume; This column shows the gross volume of options traded per day. The bottom line of the options trading table usually contains data on total contract volume.
  4. Bid; Here you can find a price offered for the options contract.
  5. Ask; Correspondingly, the Ask column of the options trading table holds the price for selling an options contract.
  6. Current price;
  7. Change;
  8. Open Interest;
  9. Expiry date
These additional columns can inform an option trading table reader of the spread between the ask and bid prices, the present price for a specific option contract, number of options that have not been exercised, neither have expired and an option contract termination date.

More information on option trading can be found in the articles Option Trading Strategies and Option Trading Principles, etc. Simply navigate through our site and get well prepared for joining the option trading market.