Trading Futures Options

Discussion in 'Options' started by slb3, Nov 2, 2016.

  1. slb3

    slb3

    Hello All,

    Recently I started focusing more of my trading in futures options rather then equity options alone. My futures trading strategy usually consists of credit spreads and/or long calls/puts. My question is can anyone explain the worst case scenario with letting a futures option credit spread expire ITM. I'm not in this situation but would like to know worst case. I'm assuming you incur the max loss between the spread and that is it. Am I missing anything? Thanks for you input.

    slb3
     
  2. Zzzz1

    Zzzz1

    As with all options your worst case scenario with a long position is the entire loss of option premium. Nothing beyond that.

     
  3. Robert Morse

    Robert Morse Sponsor

    Most options on futures settle for the future, is if one leg is in the money, you will have a futures positions the next day. If both are, you won't.
     
  4. water7

    water7

  5. Zzzz1

    Zzzz1

  6. water7

    water7

    "the worst case scenario with letting a futures option credit spread expire ITM"

    you can check your maximum risk / loss before placing any trade on your options platform
    doesnt matter what options you trade
     
  7. Robert Morse

    Robert Morse Sponsor

    Only retail platforms that are owned by the clearing broker offer this. Broker neutral professional platforms don't do this.
     
  8. water7

    water7

    yes, i really wonder why..
    there are some other good stand-alone options software but limited to stock/ index options

    lots of demand + very few vendors = pricey platform
    :confused:
     
  9. gkishot

    gkishot

    You mean that if futures option ends up in the money today, it will be always assigned after its settlement for the day?
     
  10. Robert Morse

    Robert Morse Sponsor

    I thought were discussing at expiration not daily settlement.
     
    #10     Nov 3, 2016