Electronic Eye
Electronic Eye reference
This reference describes the settings available for the Electronic Eye widget and the fields you can use to create filters.
Display settings
- Grid font size: Adjust the font size to suit your preferences and use bold text, if desired.
-
Colors: Allows you to customize or change the cell and column colors available in the widget.
- Show tabs: Check to show tabs at the bottom of the widget. Uncheck to hide tabs.
- Set Options Electronic Eye columns: Select the columns you want shown in the Options Electronic Eye.
Options Electronic Eye column descriptions
| Column | Description |
|---|---|
| Instrument | Options instrument |
| C/P | Whether the instrument is a call or put option. |
| Strike | Shows the underlying Futures contract price at which a holder can exercise their option to buy or sell the contract. The strike column reflects the range of the day by shading the strike. The high / low line indicators as seen on MD Trader® are displayed in the strike column relative to their position. |
| DTE | Number of days until the option expires. |
| Expiration Type | Type of expiration (e.g. monthly, weekly) associated with the options instrument. |
| UndPx | The price of the underlying instrument at the time of the fill. |
| BidQty | The total quantity working at the bid. |
| Bid | The best market bid price. |
| Sell Edge | Difference between the best bid and the theoretical value. |
| U TV | The theoretical value of the instrument based on the user's volatility curve. |
| ATM Vol | At-the-market volatility. |
| Buy Edge | Difference between the best ask and the theoretical value. |
| Ask | The best market ask price. |
| AskQty | The total quantity working at the ask. |
| UV | User volatility values that are used for calculating theoretical call and put values. These user-defined vols are entered using the Vol Curve Manager, which fits the curve to the control points on the volatility curve. The user volatility values are a result of the fitting process. |
| UΔ | Delta calculated using the user-defined volatility. |
| IV | Implied volatility value. Implied volatilities are calculated using the midpoint of bid and ask prices. |
| IΔ | The delta calculated with the auto-fit volatility curve values provided by TT. |
| SV | Settlement volatility value, which indicates volatility calculated per strike using settlement prices. |
| SΔ | Delta calculated using the settlement volatility. |
Filter field descriptions
When creating filters, you can use the following fields in a rule.
| Field | Description |
|---|---|
| Active Delta | Call delta calculated using the active volatility curve in the Vol Curve Manager widget. |
| Active Gamma | Change in delta per change in the underlying, calculated using the active volatility curve in the Vol Curve Manager widget. |
| Active Rho | Change in options value per change in interest rate, calculated using the active volatility curve in the Vol Curve Manager widget. |
| Active Theta | Change in options value per change in time, calculated using the active volatility curve in the Vol Curve Manager widget. Also known as time decay. |
| Active TV | Theoretical value of an option calculated using the Barone-Adesi and Whaley price model with the active volatility curve in the Vol Curve Manager widget as an input. |
| Active Vega | cChange in options value per change in volatility, calculated using the active volatility curve in the Vol Curve Manager widget. |
| Active Vol | TT-calculated theoretical value based on the active volatility curve values in the Vol Curve Manager widget. |
| Ask Implied Delta | |
| Ask Implied Gamma | |
| Ask Implied Rho | |
| Ask Implied Theta | |
| Ask Implied TV | |
| Ask Implied Vega | Change in the price of the Call or Put Option for every 1% change in the volatility of the underlying Futures contract calculated using the implied Ask prices. |
| Ask Implied Vol | |
| Atm Vol | |
| Bid Implied Delta | |
| Bid Implied Gamma | |
| Bid Implied Rho | |
| Bid Implied Theta | |
| Bid Implied TV | |
| Bid Implied Vega | Change in the price of the Call or Put Option for every 1% change in the volatility of the underlying Futures contract calculated using the implied Bid prices. |
| Bid Implied Vol | |
| Buy Edge | |
| DTE | Number of days until the options instrument expires |
| Expiration Type | Type of expiration, such as monthly or weekly |
| Market Ask Px | |
| Market Ask Qty | |
| Market Bid Px | |
| Market Bid Qty | |
| Mid Implied Delta | |
| Mid Implied Gamma | |
| Mid Implied Rho | |
| Mid Implied Theta | |
| Mid Implied TV | |
| Mid Implied Vega | Change in the price of the Call or Put Option for every 1% change in the volatility of the underlying Futures contract calculated using the midpoint of the implied Bid and Ask prices. |
| Mid Implied Vol | |
| Put/Call | Whether the instrument is a put or call option. |
| Sell Edge | |
| Settlement Delta | |
| Settlement Gamma | |
| Settlement Rho | |
| Settlement Theta | |
| Settlement TV | |
| Settlement Vega | Change in the price of the Call or Put Option for every 1% change in the volatility of the underlying Futures contract calculated using the settlement prices. |
| Settlement Vol | Settlement volatility value, which indicates volatility calculated per strike using settlement prices. |
| Std. Dev | |
| Strike | Strike price for the options instrument |
| TT Delta | |
| TT Gamma | |
| TT Rho | |
| TT Theta | |
| TT TV | |
| TT Vega | |
| TT Vol | |
| Underlying Ask Px | Best ask price of the underlying instrument |
| Underlying Bid Px | Best bid price of the underlying instrument |
| Underlying Px |