Option Columns

Instructions

To add Options columns to the Quote Monitor or other window, hold your mouse over an existing Market Data column heading and click the green "+" sign to insert column. From the displayed list select Options.

Column Name Description

Ask Exch

Identifies the options exchange(s) posting the best ask price on the options contract.

Bid-Exch

Identifies the options  exchange(s) posting the best bid price on the options contract.

Call/Put Interest

Call option open interest/put option open interest.

Call/Put Volume

Call option volume/put option volume for the trading day.

Closing Implied Vol.

The implied volatility of the option on yesterday’s closing price.
Historical Volatility Close % Shows the historical volatility based on the previous day's closing price, as a percentage.

Imp Vol (%)

The implied volatility is based on the average of the best bid and offer for an option. This calculation is non-linear, and may not converge for low vega options. In such cases, no implied volatility estimate will be displayed.
Implied Vol/Historical Vol % The ratio of the implied volatility over the historical volatility, expressed as a percentage.
In The Money The current in-the-money or out-of-the-money value for an option contract. In-the-money values will reflect a positive number, while out-of-the-money values will reflect a negative number.

Model

The option model price is calculated using the underlying price, interest rate, dividends and other data that you enter using the Option Model Editor.

Model IV %

The option model implied volatility expressed as a percentage.

Opt. Imp. Vol. Change

The absolute change in implied volatility between the current value and the value calculated using yesterday’s closing price.

Opt. Implied Vol

A prediction of how volatile an underlying will be in the future. The IB 30-day volatility is the at-market volatility estimated for a maturity thirty calendar days forward of the current trading day, and is based on option prices from two consecutive expiration months.

Opt. Volume

The total number of contracts traded over a specified time period.

Opt Volume Change %

Change in volume from the previous day's close as a percentage.

Option Open Interest

Charts the total number of options that were not closed.

Put/Call Interest

Put option open interest/call option open interest, for the trading day.

Put/Call Volume

Put option volume/call option volume for the trading day.

Time Value %

Shows the premium in excess of the option’s intrinsic value as a percentage.

Time Value = Option Bid - Intrinsic Value

IV for Calls = max(stock price - strike, 0)

IV for Puts = max(strike - stock price, 0)
Underlying Price The price of the underlying contract for derivatives. Hold your mouse over the current price to also see the current bid/ask/last.

 

Additional Resources