Henry Schwartz(He/Him) • 1stSr. Director, Head of Product Intelligence, Data & Access Solutions at Cboe Global Markets1h • 1 hour ago Did you know 28.7 million FLEX option contracts traded in the first half of 2022 with record average daily open interest of 2.87M contracts? Volume is 52% above the same period in 2022 while OI is 27% higher. Use-cases for these bespoke strike, expiry, and expiration-style contracts include reversal/conversions for delta-one desks, European-style calls to eliminate dividend complications, and frequent complex-orders for defined outcome ETFs. Innovations from exchanges and vendors are drawing new participants while flex analytics continue to improve, adding transparency to the segment.
How is the procedure for such FLEX options? Which data has the buyer to supply (ask)? An example would be good.
"How is the procedure for such FLEX options? Which data has the buyer to supply (ask)? An example would be good." Chat with your broker for what they allow.