CQG Term

Example

Definition

Options commodity

GE

Option on a future or simply an option, such as Eurodollar

Can be European style (exercised only at expiration) or  American style (exercised any time prior to expiration)

Other types: Average Price Option (APO), End Of Month (EOM), Calendar Spread Options (CSO), Weekly, and Monthly

Option instrument

P.US.GEH610000

Strike price, for example, March 2016 Eurodollar Put with strike/exercise of 100.00

Lead option

GEH6

Particular month/year of the option in the option series, such as march 2016

CQG Term

Definition

Options class

All the puts and calls on the same underlying instrument.

Option series

All the options of a given class, puts or calls, with the same expiration date and the same strike price.

Option chain

A listing of all the put and call option strike prices along with their premiums for a given expiration period.