The Option Chains window lets you view and create options orders and compare and create multi-leg complex option strategies using the embedded Strategy Builder with a single click.
To create an options order:
- Open the Option Chains by right-clicking on an instrument and choosing Trading Tools followed by Option Chain. Calls appear to the left of the strike, puts appear to the right of the strike.
- Use the settings along the top of the chain to view a different expiration date, include or exclude weeklies/quarterlies, change the view (between Tabbed and List), or change the number of strikes, exchange and trading class as needed
- Click the Bid price (to create a Sell order) or the Ask price (to create a Buy order) from the Calls or Puts side of the Option Chain. The Mosaic Order Entry panel will populate with the selected options contract
- In the Order Entry panel, modify the option price, quantity and order type as needed and click Submit to transmit the order.
Additional Information:
- How do I show more contracts in the option chains in TWS?
- How do I set the Bid and Ask fields to show prices in the Option Chains?
- How do I see out of the money options in the Option Chains?
- How do I use the Strategy Builder inside the Option Chains?
- How do I set the underlying and choose a layout in Option Chains?
- Why are some of the options in Option Chains shaded?
- How can I compare and create complex, multi-leg option strategies?
- How can I add a leg to an option order in TWS?
- How do I show Bid and Ask as prices or in volatility in the Option Chain?