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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?

To: Jon Tara who wrote (994)10/17/1999 11:18:00 PM
From: jjs_ynot  Respond to of 2317
 
Jon,

OEX options can be called early (American). Most other index options can only be exercised at expiration (European).

Dave



To: Jon Tara who wrote (994)10/17/1999 11:24:00 PM
From: OX  Respond to of 2317
 
You are right about definition of American vs European style options. American can be exercised on any trading day before expiration.

I know it's confusing (since equity options are American), but the OEX is the only index option (or one of few... I won't claim to know them all) that is American.

cboe.com


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