Trading KOSPI option contract just like a futures contract

Discussion in 'Index Futures' started by joesan, Oct 17, 2005.

  1. just21

    just21

    I am using 3.5%. They went up .25% in October. What option calculator are you using?
     
    #121     Jan 20, 2006
  2. bebe

    bebe

    Are u allowed to trade the Kospi futures with IB if u are a resident of the European Union? Thxs
     
    #122     Jan 25, 2006
  3. bebe

    bebe

    I forgot this one: what is the initial margin on a USD based acct? Thank you.
     
    #123     Jan 25, 2006
  4. def

    def Sponsor


    yes.

    margin, i"m doing this off the top of my head w/o checking but for futures it is roughly 7K (the KRW has been all over the place of late so the amount will vary)

    The options are so liquid that you might consider trading them as a proxy for the future (tighter spreads, less margin and better commissions).
     
    #124     Jan 25, 2006
  5. def

    def Sponsor

    just21,

    I didn't see your questions till today. If they are still not answered, feel free to let me know or send a PM and I'll address them.
     
    #125     Jan 25, 2006
  6. bebe

    bebe

    Thank you DEF!

    One more: the margin for options is how much? Roughly 1/5th of the the margin for the futures contract? Thxs.
     
    #126     Jan 25, 2006
  7. def

    def Sponsor

    Depends if you are long/short have spreads on etc since the margining is TIMS (similar to SPAN). The easiest thing to do would be to line up an order and click on the check margin tab (right click on the order line).
     
    #127     Jan 25, 2006
  8. just21

    just21

    I have reported the incorrect closes on the all option strikes to the helpdesk and someone is looking into it. I have also suggested the addition of the option model and greeks now that the index price has appeared on the option trader screen. If you could ask for this as well. thx
     
    #128     Jan 25, 2006
  9. def

    def Sponsor

    i was one step ahead of you on the closing price issue and it should have been corrected. the difference was due to the timing and dissemination of the previous days closing prices. I need to look into the greeks for the index though. I'm not 100% sure when we'll be able to offer them.
     
    #129     Jan 25, 2006
  10. just21

    just21

    It was correct on monday, I think, but is incorrect again today. thx
     
    #130     Jan 25, 2006