I want to trade euro currency futures options 24hrs a day. I know CME only opens 7-2 pm ... I dont get it, what If some one wants to exersise in-the-money option in the middle of the night when futures is trading ? what a bunch of bool##$$. It does not make sense ! what about brokers that are over seas ?
what about saxo spot options ( not futures ). can i trade it 24 hrs ...realize that it is europian , but curios if it is 24 hrs ) to resell the option i guess as oppose to exersising it .
i called them, they do not have them yet. But, I am looking for 24 hrs options on futures. I guess i thought forex does offer 24 hrs on options also..
Yes, Saxo quotes 24/5 on their OTC options. They're 10pip markets on the majors, prix-fixe. The good news? Long-dated options have very fair markets based upon $prem. Bad news? Short dated gamma can be expensive to trade based upon same. Cloned: it really seems that OTC is your best-bet. CME futures options simply don't trade outside of US FX volume.
riskarb : saxo is europian however. I have to rethink my strategy. i mean , if it is in-the-money, I want to exercise it, as oppose to simply reselling it. thats a must in my strategy. Plz help. American style, 24 hrs, futures ( or spot ), options trade. eur / usd or suro currency. does not matter. Please god. there is always somthing. why don't they open options on futures for 23 hrs if the futures trade 23 hrs .. i mean how is one going to exercise if it is in the money ? my head is hurting