Proper order entry?

Discussion in 'Index Futures' started by travisdu, Mar 22, 2002.

  1. travisdu

    travisdu

    I gave a specific example concerning Silver options earlier in the thread.

    Silver, Gold, Yen, Wheat, Cotton, take your pick - there are alot of tradables.

    Trav
     
    #41     Mar 26, 2002
  2. stevet

    stevet

    travisdu

    but which of these have you analysed so that you know they are tradeable and you know you can trade them

    and give a specific example with the problem as you see it - the people who can advise you - by extensiion might not see the problem you have - these contracts have been traded for a long time and are traded everyday
     
    #42     Mar 26, 2002
  3. travisdu

    travisdu

    The problem is clear as I stated in earlier posts - strike and price format for options on futures order entry. The specific example I gave was for the Silver contract.
     
    #43     Mar 26, 2002
  4. matthew

    matthew

    Travisdu,

    The five you mentioned currently have four digit quotes. (until they go up or down)

    silver - dollars, cents, and tenths.
    gold - dollars and dimes.
    yen - bazillionths, no extra zeros.
    wheat - dollars, cents, quarters, (and eighths for options only).
    cotton - cents per lb. and hundredths.

    Options are quoted exactly the same as futures (no extra zeros).

    Some systems can show other quotes, but my examples will work for all the order entry systems I know of.
     
    #44     Mar 26, 2002