# Options Chain

*Derivatives & Options — Finicade finance glossary*

An options chain is the grid of every listed option on one underlying, laid out by strike and expiry. Reading it well means looking past price: the bid-ask spread tells you the real cost of trading, open interest tells you where the market is positioned, and the implied volatility column shows the skew — puts almost always priced above equidistant calls, because crashes are faster than rallies.

**Also known as:** option chain, options table

**Related terms:** [Strike Price](https://finicade.com/glossary/strike-price), [Expiration](https://finicade.com/glossary/expiration), [Implied Volatility](https://finicade.com/glossary/implied-volatility), [Open Interest](https://finicade.com/glossary/open-interest), [Moneyness](https://finicade.com/glossary/moneyness)

Source: https://finicade.com/glossary/options-chain