DJX (Dow Jones Ind. Avg. options) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : DJX (Dow Jones Ind. Avg. options)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FR1 who wrote (2)	10/4/1997 4:57:00 PM
From: giddy guru	of 33

//gg// Something to note --- DJX options are European style. They can be exercised only on expiration. The settlement value is calculated based on the opening prices of the component securities in the index on the business day prior to expiration. DJX options are cash-settled. This means that cash is delivered at settlement, not securities. /gg/

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next