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  2. Open interest - Wikipedia

    en.wikipedia.org/wiki/Open_interest

    If there is no open interest for an option, there is no secondary market for that option. When options have large open interest, they have a large number of buyers and sellers. An active secondary market will increase the odds of getting option orders filled at good prices. All other things being equal, the larger the open interest, the easier ...

  3. Options Price Reporting Authority - Wikipedia

    en.wikipedia.org/wiki/Options_Price_Reporting...

    Because options prices are automatically updated as soon as the underlying stock price changes, the potential existed to update at five times as many price points. [ 3 ] Dollar Strikes: The standard stock option strike prices are in increments of $2.50 at and below $25, and in $5.00 increments for strikes above $25.

  4. Futures contract - Wikipedia

    en.wikipedia.org/wiki/Futures_contract

    For both, the option strike price is the specified futures price at which the futures is traded if the option is exercised. Futures are often used since they are delta one instruments. Calls and options on futures may be priced similarly to those on traded assets by using an extension of the Black-Scholes formula, namely the Black model. For ...

  5. List of futures exchanges - Wikipedia

    en.wikipedia.org/wiki/List_of_futures_exchanges

    Ranking of major exchange groups, ranked by trading volume in 2023 [1] [2]; Rank Exchange groups and exchanges Trading volume Open interest; Jan. - Dec. 2023

  6. London Metal Exchange - Wikipedia

    en.wikipedia.org/wiki/London_Metal_Exchange

    The London Metal Exchange (LME) is a futures and forwards exchange in London, United Kingdom with the world's largest market [1] in standardised forward contracts, futures contracts and options on base metals. The exchange also offers contracts on ferrous metals and precious metals. [2] The company also allows for cash trading.

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  8. Exercise (options) - Wikipedia

    en.wikipedia.org/wiki/Exercise_(options)

    American – American-style option contracts can be exercised at any time up to the option's expiration. Under certain circumstances (see below) early exercise may be advantageous to the option holder. Bermudan – Bermudan-style options contracts may only be exercised on specified dates. Bermudan-style options are common in the interest rate ...

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