Home > Articles > Volume 21 (2003) > Chapter 8 (August 2003) > V. 21:8 (49): Explore Your Options by Tom Gentile

V. 21:8 (49): Explore Your Options by Tom Gentile

V. 21:8 (49): Explore Your Options by Tom Gentile
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Explore Your Options by Tom Gentile

FLEX OPTIONS

What are FLEX options?—A.M.

Flexible exchange (FLEX) options are totally customizable equity and index options that you can create under certain requirements. They allow traders complete flexibility to create option contracts at unorthodox strikes, expiration dates, and styles (American or European). These kinds of contracts have a minimum trade size of 250, so generally the small trader isn’t partaking in the advantages these instruments offer.




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