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E minis FOP euro or American ?
- Thread starter polee2000
- Start date
Quote from MTE:
American.
MTE
Why American?
I trade options on FTSE futures-mostly credit spreads. As exercise can not happen till last day I get enough opportunity to roll it forward or close at a more favourable price. I mostly trade put credit spreads.
I would like to understand your viewpoint. Thanks
Quote from osho67:
MTE
Why American?
I trade options on FTSE futures-mostly credit spreads. As exercise can not happen till last day I get enough opportunity to roll it forward or close at a more favourable price. I mostly trade put credit spreads.
I would like to understand your viewpoint. Thanks
It was not an opinion. The OP asked what style are futures options on the e-minis (S&P 500, Russell, Nasdaq).
Was I correct in my assumption, polee2000?
Quote from osho67:
Sorry I misunderstand but any way I would request your comments about american or european. -which is better. Thanks
You cannot say that one is better than the other, each has its pros and cons. For cash-settled indices it is definitely better to have European as you do not have a risk of early exercise and thus no risk of suddenly finding yourself in an unhedged unlimited risk position.
Quote from omcate:
CME E-mini S&P 500 End Of Month future options use European-style exercise rules.
The other CME E-mini future options are American style.
the reason i asked was that i couldn't find any information on CME.com
with the IB's API what is the best way to compute Delta (rough approximation is fine)
i usally hold my naked position into expiration