Option Chains Columns

Customize your Option Chains display to show only the information about each contract that interests you.

Find the Option Chains tab in the Quotes & Research tab.

Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Multiple leg options strategies will involve multiple commissions. Please read the options disclosure document titled "Characteristics and Risks of Standardized Options." Member SIPC

The following columns are available in the Option Chains Tab. Use the feature to change which columns are displayed.

Option Chains Columns
Symbol	Option symbol
Last	Price at which the option last traded
Change from previous close	Change from previous close price
Bid	Current bid price
Bid Quantity	Number of contracts being offered for purchase at the bid price
Ask	Current ask price
Ask Quantity	Number of contracts being offered for sale at the ask price
Day's High	Highest price the security has traded during the current trading session
Day's Low	Lowest price the security has traded during the current trading session
Volume	Cumulative volume for the day
Open Interest	Total number of outstanding option contracts in a particular series
Delta	Indicates how much the price of a call option moves for every one-point move in the price of the underlying security.
Gamma	Measures the change in delta for a change in the underlying stock price.
Theta	The change in option price in relation to the time left before the option expires.
Vega	The change in option price in relation to a 1% change in volatility.
Rho	The change in the price of an option resulting from a 1% change in interest rates.
Implied Volatility	A theoretical value (in %) designed to represent the forecasted volatility of the security or index as determined by the prices of multiple call and put options using the Black-Scholes pricing model.
Multiplier	The number of shares an equity option will convert to if exercised. The multiplier is 100 in the case of standardized options for both equity and index options; however, stock splits can change the multiplier.
Expiration	Date on which the option expires and becomes worthless if not exercised or assigned, as well as how many days remain until expiration. In the window, you can select your own Default Expiration. You may choose to view: Near expiration, which shows current contracts, plus those for the next period), or Last used expiration, so if you're looking at contracts expiring several months in the future, you won't have to keep selecting that same expiration.