ONE - a Detailed Tour
After logging into ONE you will be presented with the ONE main screen which should look something like the following:
At first glance, this screen looks quite daunting because there is a great amount of detail. When faced with complication, usually the best thing to do is to break it down into smaller, more understandable chunks - so this is what we will do: we can thus break the ONE main screen down into seven main distinct areas, each of which is described in detail below. Click on the area in the chart to find out more about that area.
The areas on the ONE main screen
The ONE Screen Areas explained |
|
Screen Area |
Description |
Ribbon |
The main display area for menu options and utilities. The default menu tab is the "Home" tab - which is of fundamental importance in using ONE to model Trading Positions as it allows the Trading Date & Time selection, upon which all subsequent data is dependant. |
Underlying |
Allows selection of the underlying vehicle (the tradable commodity on which options are based) and displays underlying data as of the Trading Date & Time (previously selected in the Ribbon area). |
Position (also know as: Open Position) |
Allow Trade selection and display an analysis of the selected Trading Position. |
Option Chain |
Displays the option strikes (and their prices, greeks etc) associated with the underlying (previously selected in the Underlying area). |
Trade Analysis |
Display an analysis of the selected trading position. |
Analysis Tools |
Various analysis tools used to monitor the trading position. |
Status Bar |
Displays status information. |
Many of the controls in ONE have built in help that appears when you hover your mouse over the control itself - as shown in the following example for the Expiration Date field on the Trade Analysis screen. Try it for yourself by hovering your mouse over the 'Auto' dropdown control: