Level II for option trading

[predator001]

Does a Level II screen for options give information for a particular option only (i.e. for a given option type [call/put], strike and maturity), or does the screen contain order book data for the entire option chain ?

I suspect although the latter would be useful, there would be simply too much information to display (and possibly comprehend), so by elimination, I think LII shows data for the former only (i.e. specific option). However, this is only an educated guess. I would like to hear from those who actually know.

 

[Robertral]

Does a Level II screen for options give information for a particular option only (i.e. for a given option type [call/put], strike and maturity), or does the screen contain order book data for the entire option chain ?

I suspect although the latter would be useful, there would be simply too much information to display (and possibly comprehend), so by elimination, I think LII shows data for the former only (i.e. specific option). However, this is only an educated guess. I would like to hear from those who actually know.

The former....one can only see the depth for a single option....and not a strip, unless you want to display multiple windows on ur desktop

 

[Profitaker]

The former....one can only see the depth for a single option....and not a strip, unless you want to display multiple windows on ur desktop

Which data provider gives options level II info ?

Thanks.

 

[Robertral]

Which data provider gives options level II info ?

Thanks.

Reuters, Bloomberg, LIFFE connect......