A future contract contains the following key information:
● Underlying Asset: the futures contract's underlying asset.
● Contract Multiplier: the price per index point.
● Contract Month: the month when the contract will be settled.
● Last Trading Day: the final day that a futures contract can be traded or closed out.
● First Notice Day (for CME Group only): the first day that clients will get notified that they have been assigned a delivery (the position must be closed before the First Notice Day at Moomoo Financial Singapore Pte. Ltd.).
● For the details of each futures contract, please visit:
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● Name: The contract names list the most important information [CODE YYMMDD STRIKE PUTCALL].
Example
An S&P 500 put option with a strike price of $11,100.00 expires on January 20th, 2023 is named [EW1 230120 11100.00P].
● Code: Each contract will have a full trading code that includes the following information: Code, year, month, call/put, strike price with "x" indicating the decimal point. Note that the year and month represent the settlement date of the underlying futures contract, not the options expiration date.
Example
An S&P 500 put option with a strike price of $11,100.00 and an underlying futures contract settlement date of January, 2023 will have the code [EW12301P11100x0].
● Options Type: Each contract can be classified based on the following criteria:
- Style: European or American
- Settlement: Cash settlement or physical settlement
- Expiration Date: Monthly or weekly
● Last Trading Day: The trading day before the expiration date where a futures options contract can be traded. On the expiration date, the contract may be exercised, assigned or expire worthless.
● Deeply Out-of-the-Money: Options contracts where the price to purchase the contract approaches zero. Exchanges set a minimum price and bid sizes for these contracts.
● For more details on specific futures options contracts, please visit:
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