The Option Chain widget offers a way to import real-time market data for Option Contracts directly into the dashboard. This data can then be used by other widgets, such as Black Scholes or Strategy Builder, to perform calculations and visualizations based on the latest market information. This functionality allows users to stay up-to-date with market movements for developing trading strategies or analyzing Option Contracts.
Accessing the Widget
The widget can be found under Live Data. Then the desired platform (Deribit, Bybit, etc.) can be chosen by a click.
The data of the selected Option is Live, i.e. it updates the data of the Option in real time. The pulsing green circle together with the time display, show that it is getting updated (see the image below).
Option data is updated in real-time.
Based on the preference of the user, one of the prices of the Option can be selected: Best Bid price, Mark Pirce, or Best Ask Price. This helps the user to get more appropriate data according to their conditions.
Selecting the most appropriate price of the market
The Option price can be displayed in either Bitcoin (BTC) or US Dollars (USD) according to your preference. A designated toggle button within the application interface allows you to switch between these two currency options.
