Options chains are like a Pandora’s box – full of possibilities, but only the skilled can unlock their true potential.
One of the essential tools that traders use in options trading is an option chain. An option chain is a list of all available options for a particular underlying asset, showing their strike price, expiration date, and premium.
Option chains are presented in a tabular format, making it easy for traders to compare different options and select the ones that suit their trading strategy. Let’s quickly revisit all the key features of an option chain one more time: