Hi, wondered if I could get a little help trying to work out options..
I am using IB just trying to calculate the options to replicate the data given in performance profile as seen in attached.
For the Dax call option the price is 83.3 and this seems to have been multiplied by 5 to determine the premium of 416.50. But I thought option trades were always in bundles of 100 shares?
Same for the HSI put option, multiples of 5.
I have a second question: If I downbet HSI with a CFD and it moves against me 100 points, I then want to sell a put option to mitigate the loss and guard against any further increase in the index. Is there an easy way in IB to calculate what the Put option should be to achieve this?
Thanks for any help!
I am using IB just trying to calculate the options to replicate the data given in performance profile as seen in attached.
For the Dax call option the price is 83.3 and this seems to have been multiplied by 5 to determine the premium of 416.50. But I thought option trades were always in bundles of 100 shares?
Same for the HSI put option, multiples of 5.
I have a second question: If I downbet HSI with a CFD and it moves against me 100 points, I then want to sell a put option to mitigate the loss and guard against any further increase in the index. Is there an easy way in IB to calculate what the Put option should be to achieve this?
Thanks for any help!
