Options of the CME Group are a tool which is used by wide range of participants in finance market. They are big banks, banking groups, hedge funds, major international traders, governments, speculators, hedgers and other players. Data based on results of options trading carried out by CME Group can give a good idea about situation on the CME Group exchange and finance market all over the world.
Among participants in options trading it is possible to mark out a group of participants - writers (those who sell a right for CALLs or PUTs options). Usually a big share of trading activity among writers is carried out by large banks, banking groups, finance companies and other structures. They are not interested to see the rights for options issued by them being exercised. Theoretically the loss of writers can reach considerable scale. Otherwise buyers of options risk lose only the sum of the paid commission. Big writers can exert influence on the movement of currency pairs, protecting their positions.
From this point of view options CALLs can be considered as resistance to growth of currency pair, and options PUTs - as support. It is important to consider not only volumes of positions in lots. Also it is significant to study character and evolution of changes, cash options premium values of CALLs and PUTs, total positions.
In most cases the big players - writers are in a greater degree informed on forthcoming events on the financial market, and abrupt large-scale operations can be evidence, for example, of change in currency trend or indicate necessity to increase attention.
Contents of the site Options Forex Figures.
Site Options Forex Figures offers you calculation of options levels of the basic currency pairs, being traded on the CME Group - the largest regulated foreign marketplace in the world, and the second largest electronic FX market with more than $100 billion in daily liquidity.
The primary information is obtained from reports of the CME Group. The final calculations are presented by data analysis and the attached PDF files with charts. For better comprehension it is convenient to use "two-up continuous" mode of 'Acrobat'.
Calculations are based on American-style options monthly and in total. Usually the first month ("I Month") includes also data of the nearest European-style options month during last week before expiration date (it is pointed in the cap on the first page of file with charts). Calculations of the fourth month ("IV Month") put in data of subsequent months.
Calculations may be conditionally divided in two groups. The first group embraces data of open lots quantities, separately CALLs and PUTs (lots quantities and changes for the pointed period). The second group includes cash options price values, separately CALLs and PUTs (cash options price values and changes for the pointed period). The first group (open lots quantities) is presented on the odd pages and the second group (cash options price values) is presented on the even pages of every PDF file. Charts are presented in every PDF file. First group of charts present monthly information, following four of charts show sum of all months, further four charts demonstrate a progression data sum of every of four previous charts and the last four charts present progression sum of 'CALLs - PUTs positive difference' on every strike level (lots quantities, cash options price values and changes for the pointed period).
Additionally some charts include data of the nearest futures price and "Futures Equilibrium" *. "Futures Equilibrium" - a calculated Futures value at which sum of "Cash options premium values" of all CALLs strikes are equal to those of PUTs (all options of American-style and those of the nearest month of European-style are included).
* - "Futures Equilibrium" has been calculated since Oct 30, 2009
