Option Chain Weeklies
Returns only weekly expiration options from the option chain using QuoteMedia's data service.
What are Weekly Options?
Weekly options (weeklies) expire every Friday (except for holidays) and are listed each week. They offer:
- Higher gamma (more sensitive to price changes)
- Faster time decay
- Lower premium cost
- More precise timing
Supported Symbol Formats
| Type | Format | Example |
|---|---|---|
| US Stocks | SYMBOL | AAPL, MSFT |
| ETFs | SYMBOL | SPY, QQQ |
Parameters
| Parameter | Type | Required | Description |
|---|---|---|---|
| Symbol | String | Yes | Underlying stock ticker |
Notes
- Weekly options expire on Fridays
- Higher risk/reward than monthly options
- Popular for short-term strategies
Syntax
=mxls.QM_GetOptionChainWeeklies(Symbol)Parameters
Underlying stock ticker symbol
Returns
Weekly expiration option chain data
Examples
=mxls.QM_GetOptionChainWeeklies("AAPL")=mxls.QM_GetOptionChainWeeklies("SPY")=mxls.QM_GetOptionChainWeeklies(A1)When to Use
- Short-term trading strategies
- Weekly income strategies
- Event-driven trades (earnings, etc.)
- Lower capital requirements
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need monthly options | QM_GetOptionChainMonthlies() |
| Need full chain | QM_GetOptionChain() |
| Need quarterly LEAPS | QM_GetOptionChainQuarterlies() |
| Need near-term only | QM_GetOptionChainNearTerm() |
Common Issues & FAQ
Not all stocks have weeklies. Why?
Weekly options are only available on liquid stocks and ETFs. Less liquid stocks only have monthly expirations.
When do weeklies expire?
Weekly options typically expire on Fridays at market close (4:00 PM ET). Some index options may have different rules.
Why are weeklies riskier?
Shorter time to expiration means higher gamma (larger price swings) and faster time decay.
Related Formulas
More MarketXLS Options formulas you can use in the same worksheet:
- Option Expire Maximum
- Option Expire Minimum
- Option Filter
- Option Strikes
- Option Symbol
- Options Change in OI Leaders
- Options Change in Volume Leaders
- Options Delta
See QM_GetOptionChainWeeklies used in a complete workbook: Live Option Chain Data in Google Sheets: What GOOGLEFINANCE Covers and Where MarketXLS Picks Up
