📊 Options Explorer: analyze option chains live
Filter option chains by strike, expiry and delta, compare implied volatility and Greeks, and find the right strikes for your wheel, spread or hedging strategy in seconds.
What can the Options Explorer do?
Filter option chains
Load a symbol's full option chain and instantly filter by expiry date, strike range and moneyness (ITM/ATM/OTM) — without scrolling through your broker's interface.
Compare strikes & expiries
Line up multiple expiries side by side and compare premium per day, spread percentage as well as open interest and volume to pick the most efficient strike.
IV & Greeks at a glance
See delta, gamma, theta, vega and implied volatility for every strike at a glance — the foundation of any sound options decision.
Find setups for strategies
Take suitable strikes straight into your trading journal and find setups for cash-secured puts, covered calls, spreads and iron condors.
What an option chain looks like
| Type | Strike | Delta | IV | Premium | d |
|---|---|---|---|---|---|
| PUT | 175 | -0.18 | 24,5 % | 1,42 $ | 30 |
| PUT | 180 | -0.30 | 26,1 % | 2,38 $ | 30 |
| PUT (ATM) | 185 | -0.50 | 28,4 % | 4,15 $ | 30 |
| CALL (ATM) | 185 | 0.50 | 28,2 % | 4,08 $ | 30 |
| CALL | 190 | 0.32 | 26,7 % | 2,55 $ | 30 |
| CALL | 195 | 0.19 | 25,3 % | 1,51 $ | 30 |
ℹ️ Sample illustration with fictional values. In the logged-in live explorer you see real, current market data via your broker bridge.
Typical use cases
💡 Find live trade ideas
Scan the chain for strikes with attractive premium and a fitting delta to spot short-term option ideas with a good risk/reward profile.
🎡 Wheel strategy strikes
For cash-secured puts and covered calls, pick exactly the strike with your target delta (e.g. 0.30) and desired time to expiry — the backbone of the wheel strategy.
🛡️ Hedge your portfolio
Find cheap protective puts or collar strikes to hedge your portfolio against drawdowns, and compare the hedging cost across different expiries.
Ready for real market data?
Sign up for free and connect your broker bridge to use the Options Explorer with real, current option chains, Greeks and implied volatility.