quarterly options

Discussion in 'Options' started by maninjapan, May 11, 2009.

  1. MTE

    MTE

    Quarterlies are European style! You are right about the PM settlement though (sorry, my bad).
     
    #11     May 13, 2009
  2. I must be looking at the screen too long, LOL.

    You are correct. European style. They cannot be excercised early.

    The main point I was trying to make concerned the settlement procedures.

    European style / American style
    AM / PM settlement


    SPX quarterlies are European style AND PM settlement.

    Sorry for any confusion.

    AZD
     
    #12     May 13, 2009
  3. Quarterlies are just another opportunity to bring in some premium. I never play them until the last week before expiration. Then I will try to sell premium on SPY, XLE, DIA, and IWM options.
     
    #13     May 15, 2009