Option Master Window
Open the window from the Market Menu. Investors can find all kinds of options, Implied Volatility and risk parameter(Deta,Gamma,Theta,Vega), very convenience to portfolio, dynamic hedge and as well as risk management…etc.
You can click small button
in the right top corner of this window to change window view. There are three view to select:
Basic Mode is to show the details about bid、ask、bid qty、ask qty, also trade price、trade volume and total trade volume.
In the Advance Mode window, you can see all kinds of risk parameter(Deta,Gamma,Theta,Vega). So you needn’t to calculate by yourself, you can trade according to the value which calculated by the system.
Master Mode is able to calculate risk parameter real-timely according to your position, as well as to help you quickly know the market information and position risk.
Implied Volatility (IV)
Implied Volatility is the most important factors to evaluate the price of option. Implied Volatility is calculated from the options and their influence factors such as stock price, strike, time value, interest rate and bonus.
Delta
Delta means the change of stock price affect the price of option. If delta=0.5 mean that when stock price change 1yuan , option price will follow to change 0.5yuan.
Gamma
Delta’s value changed when stock price changed. Gamma is to show the degree of delta’s sensitivity. Gamma=0.1 mean that when stock price change 1yuan, delta will follow to change 0.1yuan.
Theta
The missing value about option everyday. If stock price and Implied Volatility didn’t change , Theta=0.01 mean that option price fall 0.01yuan next day.
Vega
Vega mean the price of option affected when Implied Volatility change 1%.
Quote Request
You can send a quote request to market maker. First, you click the “Quote Request” button. Then you will see the following window:
Input the information and then send your request.
Option Order
The “Option Order” window can be called by pressing “E” button on the top right corner of Option Master Window.
After pressing “E”, and choose a price on the window, you can call out the “Option order” and place positions. FAK (Fill and Kill) and FOK (Fill or Kill) orders are also supported.
Update Option Parameters
This function permits client to update the option parameters (e.g. Implied Volatility, Delta, Gamma…) instantaneously if needed.
Option Chart
Option Intraday and Option Ticker Chart are enabled, which can be found when right-clicking the Option Master window.
(i)Option Intraday Chart
This window can display intraday chart of a particular option.
(ii)Option Ticker Chart
This window can display ticker chart of a particular option in HK Market. It can only display trades information received during the logged in period. Users will not be able to retrieve any trade details during the logged-off period.
You can click small button
in the right top corner of this window to change window view. There are three view to select: Basic Mode is to show the details about bid、ask、bid qty、ask qty, also trade price、trade volume and total trade volume.
In the Advance Mode window, you can see all kinds of risk parameter(Deta,Gamma,Theta,Vega). So you needn’t to calculate by yourself, you can trade according to the value which calculated by the system.
Master Mode is able to calculate risk parameter real-timely according to your position, as well as to help you quickly know the market information and position risk.
Implied Volatility (IV)
Implied Volatility is the most important factors to evaluate the price of option. Implied Volatility is calculated from the options and their influence factors such as stock price, strike, time value, interest rate and bonus.
Delta
Delta means the change of stock price affect the price of option. If delta=0.5 mean that when stock price change 1yuan , option price will follow to change 0.5yuan.
Gamma
Delta’s value changed when stock price changed. Gamma is to show the degree of delta’s sensitivity. Gamma=0.1 mean that when stock price change 1yuan, delta will follow to change 0.1yuan.
Theta
The missing value about option everyday. If stock price and Implied Volatility didn’t change , Theta=0.01 mean that option price fall 0.01yuan next day.
Vega
Vega mean the price of option affected when Implied Volatility change 1%.
Quote Request
You can send a quote request to market maker. First, you click the “Quote Request” button. Then you will see the following window:
Input the information and then send your request.
Option Order
The “Option Order” window can be called by pressing “E” button on the top right corner of Option Master Window.
After pressing “E”, and choose a price on the window, you can call out the “Option order” and place positions. FAK (Fill and Kill) and FOK (Fill or Kill) orders are also supported.
Update Option Parameters
This function permits client to update the option parameters (e.g. Implied Volatility, Delta, Gamma…) instantaneously if needed.
Option Chart
Option Intraday and Option Ticker Chart are enabled, which can be found when right-clicking the Option Master window.
(i)Option Intraday Chart
This window can display intraday chart of a particular option.
(ii)Option Ticker Chart
This window can display ticker chart of a particular option in HK Market. It can only display trades information received during the logged in period. Users will not be able to retrieve any trade details during the logged-off period.