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CNBC says 2:15pm.
Jim Holbrook wrote:
> Does anyone know when the results of the Fed meeting will be
> available?...thanks...Jim
>
> THE DOCTOR wrote:
>
> > DOW options and index options in general are similar to the equity options you
> > are familiar with with a few exceptions. First DOW options are european,
> > which means they cannot be early exercised.... they can be bought and sold all
> > day long, but only exercised on the Friday of their expiration month.
> >
> > They settle AM instead of PM like equities. So for example the November series
> > halt trading at the COB this Thursday... settle at the opening on Friday
> > AM...the November options do NOT trade on Friday, but exercise back to the
> > Friday AM opening settlement.
> >
> > They cash settle as opposed to physical settlement for equities.. so only cash
> > moves between accounts.
> >
> > You might want to visit the CBOE website for more info and the DOW options. My
> > description applies to the DOW equity options, the CBOT also trades options on
> > the DOW future and you might want to visit their website for specifics.
> >
> > Frank Thompson wrote:
> >
> > > I am looking at "Options On The DOW" and was wondering if anyone has any
> > > experience with them. I am familiar with standard equity calls and puts and
> > > wonder what the differences are. I would appreciate any of your comments?
> > >
> > > Thanks for your input.
> > > Frank
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