> For the complete documentation index, see [llms.txt](https://docs.linora.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.linora.finance/trade/automatic-options-listing.md). # Automatic Options Listing **Strike Classification & Listing Rules** Strikes are dynamically classified into three moneyness ranges based on the call delta: * **ATM (At-the-Money):** Call Delta between 0.40 and 0.60 * **Outer:** Call Delta between 0.20 and 0.40 or between 0.60 and 0.80 * **Wings:** Call Delta below 0.20 or above 0.80 Automatic Listing is triggered for strikes with Call Delta between 0.01 and 0.99. Each moneyness range follows specific strike step sizes depending on the underlying asset: | | | | | | | --------- | ------ | ---- | --- | --- | | **ATM** | $500 | $50 | $5 | $1 | | **Outer** | $1,000 | $100 | $10 | $2 | | **Wings** | $5,000 | $500 | $50 | $10 | Options are automatically listed every **8 hours**, at: **00:00 UTC, 08:00 UTC, and 16:00 UTC** --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.linora.finance/trade/automatic-options-listing.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.