Retrieve Weekly Option Chains with QM_GetOptionChainWeeklies

The QM_GetOptionChainWeeklies function in MarketXLS helps you quickly retrieve weekly options data—along with Greeks—for a given symbol directly into Excel. This eliminates the need to manually search option quotes online, enabling efficient analysis and decision-making for US market securities.

Why Use This Function?

• Quickly fetch weekly options contracts (calls and puts) for US stocks, ETFs, or indexes.
• Retrieve important options data such as last price, change, volume, open interest, and key Greeks in one step.
• Expedite your workflow by pulling the data directly into your Excel spreadsheet, ready for further analysis or sharing.
• Build, compare, and sort multiple symbols’ weekly options data for advanced strategies (e.g., weekly covered calls or short puts).
• Incorporate seamlessly with other Excel formulas and MarketXLS functions for automated, comprehensive modeling.

How to Use in Excel

QM_GetOptionChainWeeklies(Symbol)

• Symbol (required): The ticker symbol for which you want weekly option contracts.
• By default, the function fetches Greeks as well (Delta, Gamma, Theta, Rho, Vega).
• It returns data directly below the active cell, with each row representing a specific contract.

When you enter the formula in a cell, MarketXLS will access the QuoteMedia service and place the weekly option chain data in Excel rows underneath.

Parameters Explained

Note: This function automatically appends special parameters internally (“greeks=TRUE” and “expire=WEEK”) to retrieve weekly options with their Greeks. There are no additional external parameters required in your Excel sheet.

Example Usage

Basic Examples

1. Pull weekly options for Apple (AAPL):
   In an Excel cell, type:
   =QM_GetOptionChainWeeklies("AAPL")
   Result: Rows of option data include columns like symbolstring, last, bid, ask, strike, type (call or put), implied volatility, delta, gamma, etc.

2. Pull weekly options for Tesla (TSLA):
   =QM_GetOptionChainWeeklies("TSLA")
   Result: A list of Tesla’s weekly option contracts, including expiration date, open interest, and relevant Greeks.

In both cases, the data will be placed in rows below the cell where you use the function. Header names include details such as “lastquotedatetime,” “contractvolume,” “callput,” and more.

Advanced Scenarios

• Filtering Calls vs. Puts in Excel:
After fetching the weekly chain, use Excel’s built-in filters to isolate calls (“CallPut = C”) or puts (“CallPut = P”).
• Sorting by Strike or Expiration:
Sort the retrieved table by strike price or expiry date to find the most suitable contracts.
• Combining with Other MarketXLS Functions:
Use MarketXLS formulas (e.g., to get real-time underlying stock prices, Greek calculations, or IV rank) alongside the weekly chain.
• Checking for Low or No Data:
If a symbol has limited or no weekly options, the function might return “No Data Retrieved.” Always verify if the underlying symbol supports weekly expirations.

Common Questions and Troubleshooting

1. “No Data Retrieved”:

   • This often means the symbol has no weekly-expiring options or is not recognized. Check spelling or switch to a symbol that offers weekly contracts.

2. Data Overwriting Existing Cells:

   • The result table auto-populates over cells below the active one. Ensure enough empty rows are available to avoid overwriting existing data.

3. Column Alignments When Printing:

   • MarketXLS inserts columns (e.g., “last,” “ask,” “delta,” etc.). If columns are not neatly sized, use Excel’s AutoFit feature.

4. Licensing/Configuration Errors:

   • Verify you have a valid MarketXLS license and configured QuoteMedia or relevant data subscriptions in MarketXLS settings.

5. Different Greeks or Additional Fields:

   • Depending on market data availability, certain columns (e.g., “theta”, “rho”, “vega”) may appear or be populated differently compared to other sources.

Remember: • Always confirm your symbol is correct and actively traded with weekly options.
• Once data is populated, you can filter, sort, or combine it with other financial metrics in Excel.
• Leverage real US market scenarios such as weekly covered calls or short-term spread strategies to fully utilize the function.

By bringing weekly options data straight into Excel, QM_GetOptionChainWeeklies saves you time, reduces manual tasks, and empowers more sophisticated analyses—perfect for professional or personal trading and investing workflows!