Forex options and SPOT options

I am interested in understanding more about trading Forex options and SPOT options. I traded Forex and stock options, but I suspect there is more to learn about Forex options and Single Payment Options Trading (SPOT). Any inisght would be most appreciated.
thanks, ggrider

OK, fair enough. Thank you for responding. I was't sure I would find anyone with good insight. How about I start with three questions. I have many more, but they can wait.

Assuming you believe the dollar will rise relative to the Euro in the next 3 weeks, why would you use the SPOT option to hedge a position rather than a normal option?

Do you use options to provide down side protection on a position such as buying puts? If so, what indicators do you use to help identify when to buy the put?

Are there any rules on when to use SPOT options rather than normal options?

Thanks for your assistance.

GammaJammer said:

Thats far too open ended a question. I can help you with FX options if you let me know what you need. But I'm not just gonna sit here and type page after page of what I know about FX options if it's not relevant to you. Cmon - sharpen up

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what is the expiration date for sopt forex options ( cable , euro ..) ( american style ) ? i ask this cuz i want to know if IG's options is hedgeable or not ( they offer options online good for 1 day , 1 week , 2 weeks , and more is done by phone )