Make good use of tools in options trading

    6947 viewsAug 19, 2025
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    How do I use the options analysis function?

    The information shown in the picture is not up to date, and any securities shown are for illustrative purposes only. The information shown in the picture is not up to date, and any securities shown are for illustrative purposes only.

    I don't know how to further analyze options with different expiration dates and exercise prices?

    The “Options Analysis” function helps you select suitable options for trading.

    Where can I find the “Options Analysis” feature?

    1. Click to enter the pricing page for an individual stock.

    2. Click “Options” > “Options Analysis”.

    How do I use the “Options Analysis” feature?

    In “Options Analysis”, we can see

    1. Inventory distribution

    2. Turnover distribution

    3. Wave rate expiration mechanism

    4. Wave rate smile

    Select options with high liquidity

    Inventory distribution

    1. In the position distribution chart, you can switch between bearish, bearish, total holdings, and expiration dates.

    2. Drag the chart to view the distribution of positions at different exercise prices.

    3. Press and hold the screen with two fingers to zoom. Long press the cross coordinates that appear on the screen to view detailed values.

    Turnover distribution

    1. The trading volume is distributed in the chart. You can switch between bearish, bearish, total transaction, and expiration date.

    2. Drag the chart to view the volume distribution of different exercise prices.

    3. Press and hold the screen with two fingers to zoom. Long press the cross coordinates that appear on the screen to view detailed values.

    Determine the direction of implicit fluctuation rate change

    The fluctuation rate period essentially refers to the change in the implicit fluctuation rate of an option at a certain exercise price depending on the expiration date.

    The curve is sloping up/down, which usually means that the market anticipates that the stock's fluctuation rate will rise/decrease in the future.

    Wave rate expiration mechanism

    1. In the fluctuation rate structure chart, you can view the changes in the implied fluctuation rate of the option according to the expiration date according to overall, bearish, or bearish.

    2. Click “Exercise Price” on the right to customize the exercise price in the chart.

    3. Press and hold the cross coordinates on the screen to view detailed values.

    Determining the relationship between exercise price and implied fluctuation rate

    Wave rate smile

    1. In the “Fluctuation Rate Smile” chart, you can check the relationship between the implicit fluctuation rate and exercise price of an option according to overall, bearish, or bearish.

    2. Click “Expiration Date” on the right to switch the date.

    3. Press and hold the cross coordinates on the screen to view detailed values.

    Disclaimer: The above content does not constitute any act of financial product marketing, investment offer, or financial advice. Before making any investment decision, investors should consider the risk factors related to investment products based on their own circumstances and consult professional investment advisors where necessary.

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