Being in the biz 30+ years, I can tell you that all the bells & whistles don't matter. Sure, it's nice to see all the data, but what it really comes down to is whether the stock is going to move in your favor or not. Do you have the ability to trade options properly based on your predicted movement of the stock? The best thing you can do is figure out which simple technical analysis tools to use to help you jump onboard the stock's trend. After that, trading options is easy. Just my 2 cents. Good luck! More on reddit.com

The blue shaded area on the left side are strike that are In The Money (ITM) meaning the option is below the current ticker price. NVDA is showing at $787.40 so any call strike below $787 will be ITM, and any above will be Out of The Money (OTM) and is not shaded. Options are based on 100 shares of an underlying. To sell a Covered Call it would require purchasing 100 shares at the current price, $787.40 x 100 = $78,740 in this example. Once these shares are purchased and in the portfolio, a call can be sold as the shares cover if the call is exercised and assigned. Using your screenshot to continue the example (but not a recommendation), a 790 strike could be sold for about $18.75, which is the Mid or middle price between the Bid of $18.55 and Ask of $18.95. As this is also multiplied by 100 the amount of premium collect collected would be $18.75 x 100 = $1,875. If the ticker stays below $790 at expiration then the $1,875 is kept as income and the shares will stay in the portfolio. If the ticker price moves up above $790 at expiration then the shares will be "called away" and sold for $79,000. With a cost of $78,740 the resulting profit from the shares would be $260 $79,000 - $78,740). Adding in the $1,875 from selling the call would net $2,135 in total combined profit. The risk is that the ticker price drops to have an unrealized loss, which would be realized if the shares were sold at the lower amount. If the share price drops by enough then calls that are at strikes at or above the stock basis may not offer much or any premiums. This is the risk of covered calls. There is more to covered calls than the above, but this should explain how to read the options chain. More on reddit.com

https://www.dolthub.com/repositories/post-no-preference/options/data/master/option_chain has option chain data. This will have bids, asks, vols, and Greeks for many options for many underlyings. If you just want IV data, you can check https://www.dolthub.com/repositories/post-no-preference/options/data/master/volatility_history . That includes historical variance figures as well as yearly high and low values for IV rank computations. More on reddit.com

I m a newbie to options Do you know how often option chain market update their premium strike? Is it daily or weekly basis · Create your account and connect with a world of communities More on reddit.com