Option Chains Columns and Settings

Option chains in StreetSmart Edge™, found in the Trade tool or Symbol Hub, are customizable, allowing you to choose which columns of data to display, as well as the order of the columns. Access the Option Chain settings window by right-clicking in the Option Chain and selecting Columns and Settings....

Option Greek Pricing Models

Greeks indicate how fast an option price is changing relative to parameters such as time, underlying stock price, volatility, etc.

• Pricing Method: Select from Black-Scholes, Barone-Adesi-Whaley, or Cox-Ross-Rubinstein.
• Interest Rate: Defaults to the 13-Week Treasury Bill interest rate Index rate ($IRX), or you can define the rate as you wish.

Order/Position Indicators

Choose whether to display an indicator showing you have either a Position or a Live Order for a contract in the option chain you are viewing. For more information on using the Order/Position Indicators, see the Option Chains topic.

Customizing Columns

There are several ways to rearrange the columns displayed in Option Chains:

• You can click the column headers and drag them to another spot in the Option Chain columns.
• You can also right-click on a column header and choose a different column from the list of all available columns.

TIP: If the column you choose is not currently displayed in the Option Chain columns, it will completely displace the column that was there. If it is already in the display, the two columns will swap places.

• You can also arrange column order from the Columns and Settings window, which is available by right-clicking in the option chain. Check the columns you want to display. All chosen fields display in the Column Order display on the right. Click a column name and use the Up/Down buttons to move the column into a new position.
• For brief descriptions of each column, hover your mouse pointer over the column name in the Columns and Settings window.

Applying Settings to One or All Tabs

You can choose to apply the settings changes you make to either just the current option chain display or to all current and future option chains. The default is to apply the settings only to the current tab, but if you prefer the settings to apply to all, select Apply to all Option Chain tabs at the bottom of the Columns and Settings window before clicking OK.

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