Why is the default chart on Punch a spot chart?

The spot chart is the primary reference for most options traders, and Punch builds key features directly on top of it.

Written By Archit Sunat

Last updated 2 months ago

Why spot is the default

Most options traders use the underlying spot or index chart as their main reference point — even when trading option contracts. Punch makes the spot chart the default because it allows key features to work directly on it:

  • Strike price lines are plotted on the spot chart so you can see where your options sit relative to the current market price.

  • Call and put pricing overlays give you a live view of premiums without switching screens.

  • You can place trades directly from the spot chart.

You can always switch to an option price chart from the search menu or order form whenever you need it.