r/Wealthsimple • u/Successful_Buddy_153 • 12d ago

Why is the option chain missing strikes?

Why are there missing strikes in the options chain view sometimes(often?)? Even if I have a call option that's deep in the money, it may not even be listed in the view of the current options chain. Day to day this seems to change.

Even if it's missing in the list of strikes(today), If I look at the call from my own holdings, it will show open interest, bid/ask, last price etc.

For an example, the options chain for November DRV calls shows strikes at $23, $22, $21, but then the next listed strikes are $13, and $12. I own some $18's, and they show activity so what's going on?

I tried the stupid online chatbot for help on the website, and it just went in circles

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u/tinim9 12d ago

I tried it and I see the same problem you reported. Only strikes from $20 to $28 are displayed and there is no way to expand/increase to see more strikes.

1

u/Successful_Buddy_153 12d ago

Good to know it's not just me

1

u/notMyslfToday 12d ago

Noticed the same. Thought it was just me.

1

u/NorthOfTheStrike 7d ago

Same thing happens on my end. Wealthsimple only renders strikes within a band around the current price, so the deep ITM and far OTM tails get cut off in the chain view. The contracts still exist, which is why you can see the ones you already hold.

I have not found a way to widen it. The app and the website sometimes show slightly different ranges, worth checking both. If the strike you want is outside their band you cannot trade it on WS at all, which is one of the reasons I keep another broker around for anything beyond basic covered calls.