Explore Your Options by Tom Gentile
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.