future options

Discussion in 'Options' started by frostengine, Nov 16, 2007.

  1. Quick question on future options. This is my first time trading future options, so wanted to make sure I'm not in for any surprises.

    Looking at YM, options expiring in Nov. I am currently short a few 12,400 options that I shorted a few days ago when market was tanking. As long as when the future market closes this afternoon and the YM is > 12,400 i'm in the clear correct?

    Just wanted to make sure there is no "strange" settlement procedures that differ from normal stock options.

    Thanks
     
  2. MTE

    MTE

    Of course the settlement differs from the equity options!