Globex future option help:

Discussion in 'Forex Trading' started by jasonjm, Sep 12, 2006.

  1. jasonjm

    jasonjm

    hey all my broker just doesnt know how to answer anything

    lets say i buy a globex forex future put: oct 06 strike 1.27 on eurusd

    if it expires IN the money what happens?

    does it roll to next months put? to spotfx? to a future? to cash?


    thanks!
     
  2. Xenia

    Xenia

  3. katesdp

    katesdp

    Before you even put on the trade what did you think would happen?
     
  4. jasonjm

    jasonjm

    i have no idea what would happen

    I am new to most of these products

    I just trade them and see what happens as I learn kind of


    thx for answers
     
  5. jasonjm

    jasonjm

    thanks for the link

    I read that whole PDF

    still kind of confusing though as to how they determine what in the money is....... they dont give a real answer, its some sorted of cme determined price, priced against futures and the pit price?