QM_GetOptionMarketStats: Retrieve Comprehensive Option Market Stats

The QM_GetOptionMarketStats function makes it simple to retrieve a variety of option market statistics directly in your Excel worksheet. Whether you're tracking basic data like option last price or analyzing multiple columns of market stats, the QM_GetOptionMarketStats function can streamline your workflow. It automatically places returned data into the cells below your active cell, helping you quickly visualize and act on real-time option insights sourced from QuoteMedia.

Why Use This Function?

• Seamless Integration: Automatically fetches option market stats into Excel without any manual copying or pasting.
• Enhanced Analysis: Displays multiple columns of data (like symbol, last, change, open interest, etc.) for further Excel-based computations.
• Flexible Output: Automatically detects time columns and formats them as Excel date/time values.
• Easy Workflow: Selecting a starting cell ensures the returned dataset is laid out clearly, row by row.
• Reliable Data Feed: Leverages your validated MarketXLS license and existing QuoteMedia subscription to ensure up-to-date information.

How to Use in Excel

QM_GetOptionMarketStats("AAPL")

Place your cursor where you want the output to begin, then enter the formula above into any cell. Upon pressing Enter, the function will write the relevant option market stats below that cell.

1. Select a starting cell in your worksheet where you want the data.
2. Type =QM_GetOptionMarketStats("SYMBOL") and press Enter.
3. The function will call MarketXLS and fetch updated option data related to the symbol.
4. Rows of data appear below the active cell; columns auto-expand if needed.

Parameters Explained

• The function currently supports a single parameter, Symbol, which is mandatory.
• The code is structured to accept additional parameters, but QM_GetOptionMarketStats only provides “symbol” at this time.

Example Usage

Basic Examples

1. =QM_GetOptionMarketStats("AAPL")

   • Retrieves and displays option market stats for AAPL below the active cell.
   • You’ll see columns such as last, change, bid, ask, open interest, etc.

2. =QM_GetOptionMarketStats("IBM")

   • Pulls IBM option data in similar columns to quickly compare with other stocks.

In both cases, ensure you have a valid MarketXLS license and a quote data subscription, or the function may return an error such as "License not valid."

Advanced Scenarios

• Stacking or Comparing Outputs

• You could place results for multiple symbols one after another:
  A1: =QM_GetOptionMarketStats("AAPL")
  A20: =QM_GetOptionMarketStats("IBM")
  This helps create a workbook tracking several option chains simultaneously.

• Further Analysis with Excel Formulas

• Once the data is laid out, you can combine it with Excel’s built-in formulas (e.g., SUM, AVERAGE) to analyze volumes, highest strikes, or implied volatility across multiple rows.

• Data Reordering

• The function internally has logic to reorder certain columns if the returned dataset matches specific sizes typically used for option chains. This ensures a consistent column structure for easy reading.

Common Questions and Troubleshooting

1. Why do I get "No Data Retrieved"?

   • Often this occurs if the symbol is invalid, your license is not active, or your subscription does not support this data. Verify both symbol validity and MarketXLS license status.

2. Can I specify multiple symbols in one call?

   • This function is designed for a single symbol parameter. If you pass a comma-separated list of symbols, they may not be processed as intended for “QM_GetOptionMarketStats.” Instead, use separate cells for each symbol.

3. How do I ensure the date/time columns appear correctly?

   • The function automatically identifies columns containing time or date content and converts them to Excel date/time. Usually, no extra step is required.

4. What if I want to place the data in a particular place but I already have data there?

   • Before running the function, select a blank cell as your active cell to avoid overwriting existing information. The function prints downward, so ensure enough empty rows are below.

By following these steps and examples, you can confidently integrate real-time option market statistics into your analysis workflows. Whether you are monitoring just a single stock or creating a detailed options dashboard, QM_GetOptionMarketStats brings flexibility and efficiency right into Excel.