Option Chain Filters

These filters determine which contracts or pairings are available for you to choose from in the option chain when setting up an option trade. Choose the number of contracts or pairings to display, whether to view calls or puts, strike range, and more.

Following are descriptions of each available filter, which will vary depending on the strategy you have selected:

Filter Fields	Description
View	Choose between: Basic view, for which you can customize the column display by right-clicking in the option chain and selecting Columns and Settings. Theoretical view, which changes the columns displayed to show theoretical value, Greeks, and intrinsic value (IV), and includes the ability to filter by Greek Model, change in Intrinsic Value, percent open interest, and more. Covered Calculator view, where you can see the projected Max Gain, Static and Target ROI, Break Even, and % Protection for each contract in the chain based on the Stock Price, Share Quantity, and Target Price values you enter.
Show number of contracts/pairings	You can choose how many contracts or pairings display for a particular expiration date. Click the drop-down and select from All to 10 or fewer.
Calls/Puts/Both	Choose whether to display Calls, Puts, or Both
Intrinsic Value	Select whether you want to view options that are At the Money, In the Money, or Out of the Money
Strike Range	The option chain will show potential trades where the difference between the two contract prices is equivalent to the strike range you specify
Position to Close	For Rollouts, select the position you want to roll forward to a longer-term expiration date.
Near Month	For Calendar Spreads, choose the near month expiration date
Call/Put Display	View calls and puts either stacked or side-by-side

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