Option Chains list the strike prices, expiration dates and other option data for the available calls and puts for an underlying security. In StreetSmart Edge®, you choose the call or put you want to trade from the Option Chain display in the All in One tool, Trade tool or Symbol Hub.
Further, if you are placing a multi-leg option trade, the option chain will show the pairings of calls and puts appropriate for the multi-leg strategy you have selected.
For more information on the strategies available for trading in StreetSmart Edge®, see Option Strategies Overview.
At the top of the option chain display, there are several filters, such as strike range or number to show, that can help you further whittle down to the types of options or option pairings you want to view. See the Option Chain Filters topic for more on using these filters.
Control the display of options with Weekly or Quarterly expirations, as well as Adjusted options, from the Settings drop-down of the main menu, or from the Actions drop-down in the Option Chains display. See Option Chains Settings for more on filtering non-standard and adjusted options.
You can customize the columns displayed in the option chain, as well as determine several other settings for the display. To learn about these settings, see the Option Chains Columns and Settings topic.
If you have an open order for the selected option, a small O indicator will display next to the Strike price.
If you hold a position in the selected option, a small P indicator will display next to the Strike price.
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." Supporting documentation for any claims or statistical information is available upon request.