Practise options ideas, such as buying calls on a breakout, by reading the chain for your symbol at the replay time.
- Open Market Replay and click the widgets icon (four squares with a plus) at the top right. Switch on Calls & Puts under Widgets.
- The Calls & Puts widget shows the chain for the symbol of its group: calls on the left, puts on the right and the Strikes in the middle. Each side shows Last, Bid and Ask.
- Click the date under the header to pick an expiration. Each date lists how many contracts it has.
- Read across a strike to compare what its call and its put cost. Strikes close to the current price of the symbol are the at-the-money ones.
- Pick the strike and expiration you want to practise with, and use the numbers to plan your trade in the replay.
Tip: the chain follows the symbol of its group (the numbered badge in its header), so it changes when you load another ticker in a linked widget. If a symbol has no listed options at that time, the widget says there is no options chain.
