Top Options Data APIs, Datasets, and Databases
Find the top commercial Options Data sets, feeds and streams.
DVNC Spot FX Options Benchmark
|Volume||1 updates per day per ccy|
|Quality||100% official Benchmarks|
Germany+ 61 others
|History||6 years of past data available|
|Use Case||Trading, Asset Management + 3 more|
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 2021
Learn everything about Options Data. Understand data sources, popular use cases, and data quality.
Table of Contents
- What is Options Data?
- How is Options Data collected?
- How does Python collect options data?
- What are the attributes of Options Data?
- What is an underlying in an Options Dataset?
- What is Options Data used for?
- How can a user assess the quality of Options Data?
- Where can I get historical Options Data?
- Where can I get the best intraday Options Data?
- What is an Options Data mine?
- How does an Options calculator work?
- What are the sources of Options Data?
- Who are the best Options Data providers?
- Where can I buy Options Data?
- How can I get Options Data?
- What are similar data types to Options Data?
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.
How does Python collect options data?
As a programming language, Python can be used to collect and download financial options data. This is attained by the use of a special algorithm package referred to as Yahoo_fin package which comes with a module called options. This module allows users to scrape option chains and receive option expiration dates. The Yahoo_fin package provides the basis for Python 3 programming language and works in such a way that it scrapes historical options price data, in addition to providing current information on market caps, dividend yields, and identifying which options exhibits the highlight of exchanges.
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 an underlying in an Options Dataset?
For any given options dataset, an underlying option security refers to a stock, index, bond, currency, or commodity upon which an given option’s intrinsic value is founded. Underlying security in an options dataset is the foundation component of how the option is valued in the financial markets. It is from this underlying aspect that options are often described as derivatives because they derive their value based on the performance or price action of an underlying security.
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.
Where can I get historical Options Data?
Historical options data is readily available via data marketplaces. Listed on data marketplaces such as Datarade’s are top financial markets data providers where a user/investor can buy options data online and download it in their chosen format, such as CSV or SQL. At Datarade, users can compare the cost of acquiring historical options data, the historical lookback of a dataset, and compare the best data vendors and their expertise in the financial markets.
Where can I get the best intraday Options Data?
What really defines the best intraday options data? The answer to this question boils down to what the user of such data needs. However, as a standard measure, the best intraday options data providers provide feeds of data that are available either in API feeds, or CSV format via Microsoft Excel or Google Sheets. Furthermore, the best providers should be able to provide intraday options data that is highly customizable according to the user’s historical and geographical criteria. By shopping for data via a marketplace like Datarade, investors can be sure that they are purchasing intraday options data from the best providers by comparing reviews and samples from global data vendors.
What is an Options Data mine?
An options data mine is a database system that provides comprehensive options data analysis of daily reports for users to buy and sort through options contracts. With access to detailed historical analysis, data subscription members to these databases can keep track of historical options data behavior on any listed stock option contract. Together with real-time daily data reports and historical data, an options data mine consists of stock alert system that informs users of probable price changes in some popular stock. Through an options data mine, users have access to:
• Daily reports of notable options
• A quick preview of options price and volume
• Deep historical price analysis
• Options data mine watch lists.
How does an Options calculator work?
An options calculator is an advanced algorithm that is provided by options data vendors as a quick means to generate fair value prices for any options on futures contracts. Powered by third party providers, an options calculator works by means of using volatility data and historical trading day prices. It provides users with customizable ways to input parameters such as option style, price of the underlying instrument, strike, expiration, implied volatility, interest rate and dividends data. Furthermore, users of options calculators are provided with the means to input a stock or options symbol leading to the database automatically populating all the required fields with ease, precision and speed.
What are the sources of Options Data?
Datarade lists the best providers and vendors of options data where users can shop for options data, simply by searching on our platform.
Who are the best Options Data providers?
Finding the right Options Data provider for you really depends on your unique use case and data requirements, including budget and geographical coverage. Popular Options Data providers that you might want to buy Options Data from are AlgoSeek, Option Metrics, IVOlatility, Exegy, and Option Research and Technology Services.
Where can I buy Options Data?
Data providers and vendors listed on Datarade sell Options Data products and samples. Popular Options Data products and datasets available on our platform are DVNC Spot FX Options Benchmark by New Change FX and Derivative Corporate Actions (DerivActions) by Exchange Data International.
How can I get Options Data?
You can get Options Data via a range of delivery methods - the right one for you depends on your use case. For example, historical Options Data is usually available to download in bulk and delivered using an S3 bucket. On the other hand, if your use case is time-critical, you can buy real-time Options Data APIs, feeds and streams to download the most up-to-date intelligence.