TradingView

New Product Launch: How to Use TradingView Options

Education
NASDAQ:CME   CME Group Inc.
We’ve rolled out our newest product and we’re eager to brag about it! It’s an options platform — TradingView Options. More precisely, it’s a powerful set of tools for options traders who want to keep a close eye on every little detail and fine-tune their strategy to perfection.

What Are Options?

Options are financial derivatives that give the buyer the right, but not the obligation, to buy or sell the underlying asset at a set price within a set period.

TradingView Options

TradingView Options is designed to illuminate your options trading strategy from the first step to the last one. Get razor-sharp options strategies on gold futures (COMEX-GC1!), oil futures (NYMEX-CL1!), and many more.

Let’s break it down and discuss what it's about. For starters, you’ve got three key components — Strategy Builder, Options Chain, and Volatility Analysis.

1. Strategy Builder
  • Create, test and visualize options strategies with real-time data.
  • Use pre-built strategies filtered by bullish, bearish, or neutral outlooks.
  • Customize strategies with adjustable parameters like expiration dates and strike prices.
  • Get estimates for max profit, max loss, win rate, and more.
  • Compare multiple strategies on a single chart for performance analysis.

2. Options Chain
  • Options chains are broken down into two sections — calls and puts.
  • Strike price is displayed in the center column — it’s where the put or call can be exercised.
  • Next to Strike is IV, %, which stands for Implied Volatility in percentages.
  • Measure options risk with the Greeks: Delta, Gamma, Theta, Vega, and Rho.
  • Easily switch underlying assets with a simple symbol search at the top left.

3. Volatility
  • Analyze market volatility to understand potential price movements and risks.

Market Coverage
Currently, TradingView Options supports options contracts from major exchanges including CME and its subsidiaries NYMEX, COMEX, and CBOT, alongside NSE, and BSE.

Conclusion
The new options trading tools by TradingView empower traders with the data and analytical capabilities needed to whip up high-probability strategies and explore new opportunities for profit in global markets.

Are you an options trader? What’s your trading style? Let us know in the comments!

Get $15 worth of TradingView Coins for you and a friend: www.tradingview.com/share-your-love/

Read more about the new tools and features we're building for you: www.tradingview.com/blog/en/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.