Easily Retrieve Maximum Option Chain Expirations with QM_GetOptionExpireMaximum

The QM_GetOptionExpireMaximum function allows you to quickly retrieve and display option chain data (including Greeks) for a given stock symbol up to a specified maximum expiration date. This is especially useful if you need to analyze or compare the furthest-dated options for a particular symbol within Excel—without manual lookups or complex queries.

By leveraging this function, you can seamlessly pull relevant option data from your data provider, which MarketXLS then writes directly into your worksheet. This saves time, reduces errors, and streamlines your workflow.

Why Use This Function?

• Retrieve Deepest Expiration Data: Easily query and display the farthest option expirations for your chosen symbol.
• Integrated Greeks: The function automatically includes Greeks such as Delta, Gamma, Theta, Rho, and Vega.
• Quick Analysis in Excel: Data is placed into your current worksheet range for immediate analysis or further computation.
• Eliminates Manual Lookups: No need to jump between multiple websites or data sources—everything is in Excel.
• Ideal for Strategy and Hedging Calculations: Compare the longest-dated options for portfolio hedging or lease-based strategies.
• Real-Time Decision Making: Conveniently refresh data (within licensing/data limits) to stay updated on market changes.

How to Use in Excel

QM_GetOptionExpireMaximum(Symbol, OnDate)

1. Select (or click) an empty cell in Excel.
2. Type =QM_GetOptionExpireMaximum(
3. Enter the stock symbol of your choice in quotes (e.g., "AAPL").
4. Provide a valid date (or cell reference to a date) for the maximum expiration (e.g., "12/31/2024").
5. Close the parenthesis and press Enter.

MarketXLS will then fetch the applicable option data up to your specified expiration date. The function writes the returned option data (including columns for strikes, bid, ask, volume, open interest, and Greeks) into your worksheet, starting from the cell you entered the formula.

Parameters Explained

Example Usage

Basic Examples

1. Retrieve AAPL options up to December 31, 2024:
   • In cell A1, type: =QM_GetOptionExpireMaximum("AAPL","12/31/2024")
   • Press Enter.
   • The option chain details and Greeks up to that date populate below the cell.

2. Cell Reference for Date:
   • Put a valid expiration date in cell B1 (e.g., 12/31/2024).
   • In cell A1, type: =QM_GetOptionExpireMaximum("MSFT",B1)
   • Press Enter and review the table in your spreadsheet.

Advanced Scenarios

• Hedge Strategy Analysis:

• Use QM_GetOptionExpireMaximum to retrieve the farthest dated puts for your portfolio ticker.
• Compare implied volatility and greeks for long-dated puts to gauge hedge cost vs. shorter expirations.

• Macro-Level Comparison:

• Create a column of different tickers (AAPL, GOOGL, TSLA, etc.).
• In an adjacent column, use QM_GetOptionExpireMaximum for each company’s symbol and the same max date reference.
• Quickly compare farthest dated options across your favorite tickers.

• Integration with Other Excel Functions:

• Combine results with Excel’s SUM, AVERAGE, or custom macros to track total contract volumes or average implied volatilities.
• Pivot the resulting data for broader comparisons.

Common Questions and Troubleshooting

• “Why am I only seeing one row of data or no data returned?”

• Check that your date isn’t too close (e.g., a past date) or that there actually are options available at or before that expiration. Some symbols have limited expirations.

• “I got an error: ‘Method 'getOptionQuotes' is not valid’.”

• Ensure your MarketXLS license is active and properly configured. The function relies on a valid data subscription.

• “My data overwrote existing cells!”

• This function inserts multiple rows of data. Confirm that the cells below your active cell are free. If not, place the formula in a blank area or new sheet.

• “Can I pass different date formats?”

• Yes. As long as Excel recognizes the date, MarketXLS will convert it to the required format (YYYY-MM-DD).

• “What if the symbol is invalid?”

• An error or no data row might return. Double-check the symbol for typos.

Remember:

• QM_GetOptionExpireMaximum simplifies retrieving detailed option chain data (with Greeks) up to a specified max expiration.
• Ensure you have the correct MarketXLS license and data subscription.
• Use cell references for dynamic date changes.
• Incorporate the results into broader Excel analyses, from pivot tables to advanced strategy comparisons.

With QM_GetOptionExpireMaximum, you gain quick access to comprehensive far-term option data directly within Excel, enabling deeper analysis and more informed trading decisions—all without leaving your spreadsheet.