Options - Module 2
Reading options markets
Reading a chain: bid-ask by strike, volume against open interest, expiry columns and moneyness. Why quoted prices are per share but contracts are for 100. Implied volatility appears as a number here - it becomes a tool in module 8.
9 lessons, about 55 minutes
- 1The option chain6 min
- 2The bid-ask reality6 min
- 3Open interest and volume6 min
- 4The payoff diagram: reading the shape6 min
- 5Reading implied volatility7 min
- 6The term structure of expected movement6 min
- 7Delta as probability shorthand6 min
- 8Liquidity, and the underlying beneath6 min
- 9What the options market prices6 min