What is an option chain?
How to read calls, puts, strikes, prices and volume in one table.
Lesson 2 of 23 min read
Draft — this lesson will be expanded soon.
The layout
An lists every for one expiry. Calls are on the left, puts on the right, and the strike sits in the middle.
In the money vs out of the money
Shaded cells are . The highlighted divider marks where the current spot price sits, and the strike gets a pill.
Why this site shows volume
Our data source does not provide , so every place that would normally show OI shows traded instead.