Option Chain Active
Returns only the most actively traded options from the option chain using QuoteMedia's data service.
What Makes an Option "Active"?
Active options typically have:
- High trading volume
- Significant open interest
- Tight bid-ask spreads
- Recent trading activity
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
- Filters to most liquid options
- Good for finding tradeable options
- Smaller dataset than full chain
Examples
=QM_GetOptionChainActive("AAPL")=QM_GetOptionChainActive("SPY")Symbol from cell reference
When to Use
- Finding liquid options to trade
- Identifying market interest
- Options with tight spreads
- Active trading opportunities
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need full chain | QM_GetOptionChain() |
| Need specific expiration | Expiration-specific functions |
| Need ITM/OTM filter | ITM/OTM chain functions |
| Need with Greeks | QM_GetOptionQuotesAndGreeks() |
Common Issues & FAQ
Q: What criteria determine "active"? A: Active options typically have high volume and open interest. The exact threshold may vary.
Q: Why focus on active options? A: Active options are more liquid, have tighter spreads, and are easier to enter/exit positions.
Q: Will this include all expirations? A: It may filter to only expirations with significant activity, typically near-term.
Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS
Get started today
▶
How does MarketXLS work?