Best site for viewing option chains

F

frostengine

On the weekends, I like to pick which companies I plan to buy puts/calls for the upcoming week. Part of this analysis, I need to easily be able to see how much time value a particular option has. I have a list of 50 symbols I want to look through, so don't really want a site that is a "filter" for certain characteristics. I rather enter each of my symbols one at a time and look at the chains.

Which site has an option chain view where you can easily see time value and/or other greeks listed?

I tried looking at finance.yahoo.com, finance.google.com, marketwatch.com,zacks.com none of them show this on the option chain view.

Recommendations?
 
Time value is just the value in excess of how far in the money an option is. So OTM option values are all time value; for ITM the time value is just what's left over when you subtract how far ITM the option is.

If you download the option chain from CBOE it's easy to import into Excel to figure this out.
 
frostengine said:
Which site has an option chain view where you can easily see time value and/or other greeks listed? Recommendations?
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My trading platform, ThinkorSwim, offers all that you are seeking and more. Weekends, evenings, all day every day, 24/7.

Here's a screen shot the Sep 15 Weeklys for the S&P E-mini options (/ES Calls) that I took this morning.

Notice I have some of the greeks (Delta and Theta) set up as well as IV, Prob of expiring OTM, Vol, OI, and Bid/Ask. That's what I use to trade the /ES but the ToS platform lets you customize the display to show all the Greeks, ROI, ROC, and dozens of other criteria. Plus you make your own custom indicators and display them. The Mark price is the mid price between the Bid/Ask, you can also display the Theoretical Value which is an estimated price of a call or put derived from a mathematical model, such as the Black-Scholes or binomial models. I do that on another screen but you get the idea.

upload_2015-9-12_9-24-43.png


Not sure about IB, TS, or some of the other platforms but I would guess that they would offer similar capabilities.

Best
 
Last edited:
Steven Leeds said:
No greeks, or mark price, or theo value though on the NASDAQ site.
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Yes there is. You just have to click the "Greeks" tab at the top.

OP was specifically looking for time value which no site provides. But I did show how easy it is to find out.
 
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