You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
KOSPI 200 Futures - Traders
- Thread starter RedDuke
- Start date
Hi guys,
I am working at one of the brokerage houses in Korea.
Post any questions here and I will try my best to answer.
BTW KOSPI Future is a great product but comparing to KOSPI Options, Futures is a joke. Well it's my personal opinion though.
cheers
I am working at one of the brokerage houses in Korea.
Post any questions here and I will try my best to answer.
BTW KOSPI Future is a great product but comparing to KOSPI Options, Futures is a joke. Well it's my personal opinion though.
cheers
Let's compare yesterday's volume.
KOSPI200 Futures Volume : 313,405
Total Option Volume : 19,987,259.
Volume of most strike: I can't get the correct number but it is much higher than Futures Volume.
As I mentioned earlier, it is my personal opition.
Futures requires huge amount of money deposit but Options they don't. There is an account called "Buy Only Options Account" which requires the deposit of actual value of options (282.5 put yesterday's closed price was 6.35 then it only requires KRW 635000 to buy it. no other hidden charges. However if you do shortsell first, deposit goes multiple times though).
Due to the differnce of deposit money, most of retail customers trade options and I believe this is one of the reasons why KOSPI200 options volume has been ranked number 1 since 2002.
Check out my attachment.
Red Circle shows the volume of each strike and this pic was taken after 20 min market open.
Futures contract volume at that time was 57,443 only.
KOSPI200 Futures Volume : 313,405
Total Option Volume : 19,987,259.
Volume of most strike: I can't get the correct number but it is much higher than Futures Volume.
As I mentioned earlier, it is my personal opition.
Futures requires huge amount of money deposit but Options they don't. There is an account called "Buy Only Options Account" which requires the deposit of actual value of options (282.5 put yesterday's closed price was 6.35 then it only requires KRW 635000 to buy it. no other hidden charges. However if you do shortsell first, deposit goes multiple times though).
Due to the differnce of deposit money, most of retail customers trade options and I believe this is one of the reasons why KOSPI200 options volume has been ranked number 1 since 2002.
Check out my attachment.
Red Circle shows the volume of each strike and this pic was taken after 20 min market open.
Futures contract volume at that time was 57,443 only.
Attachments
Quote from dkjk:
Hi guys,
I am working at one of the brokerage houses in Korea.
Post any questions here and I will try my best to answer.
BTW KOSPI Futures is a great product but comparing to KOSPI Options, Futures is a joke. Well it's my personal opinion though.
cheers
What is your advice to someone that knows nothing about options (strike,put etc)
Is it easy to setup and trade it of the charts like any other market?
Quote from siki13:
What is your advice to someone that knows nothing about options (strike,put etc)
Is it easy to setup and trade it of the charts like any other market?
That the spreads will gradually destroy you, like anywhere else.
Charts work just as well as anywhere else, and, thatâs not a positive statement.
Market Makers love Korea.