Top Options Data APIs, Datasets, and Databases
Find the top commercial Options Data sets, feeds and streams.
Derivative Corporate Actions (DerivActions)
Japan+ 33 others
|History||10 years of past data available|
|Use Case||Risk Management, Portfolio Valuation + 1 more|
Top Options Data Providers, Vendors, and Companies
Find the top Options Data aggregators, suppliers, and firms.
The Ultimate Guide to Options Data 2020
Learn everything about Options Data. Understand data sources, popular use cases, and data quality.
Table of Contents
What is Options Data?
Options data providers collect specific data points that can later be used to determine price movements over time. These price changes in the stock market help investors and brokers decide which stocks might be ideal to sell or buy at any given point in time. With a handful of options data available to access, such as call options and put options; the data is used to help make the best decision for the broker.
How is Options Data collected?
Options data is collected through a databank. There are usually caches that hold this information and then place it into a database each time the specific information is uploaded to an online program or app. These programs then save and compile the data into one mainstream app that can be used later by brokers. Options data is also sorted based on who uses the information and where exactly it comes from. This is so it can be distributed accurately to the right professionals who request options data based on the specific stocks and bonds offered on the stock exchange.
What are the attributes of Options Data?
Options data comes with various attributes that make it useful. These attributes include, but are not limited to: stocks, quotes, numbers, price points, issues with prices, and market statistics. There are often additional attributes that are added depending on the specific use of the data being collected and where it is being collected from. For example: options data for traders would include the stock prices and fluctuations. This then helps them make a better buying or selling decision based on the price points for that particular stock or bond.
What is Options Data used for?
The options data that is collected can be used by stock brokers and traders who are looking to change or optimize their trading strategies. They can use this information as a guide to make trades in the future, by creating predictive models and charts. The data can show how the future value of specific stocks may change. Since the stock and bond market is constantly changing, the data collected specifically from this information source is compliled and used for brokers to generate alpha and reduce their losses.
How can a user assess the quality of Options Data?
The quality of options data is assessed through the information that is presented. Accuracy can be can be verified by comparing the stock prices in one dataset to another source, and checking whether they’re consistent. Use reputable stock exchange data sources, like Bloomberg, to benchmark your dataset against their expert market calculations. Watching for inconsistencies in any dataset is important to get the best and most accurate data collected.