Index settlement easily

Aug 6th, 2022
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How to index settlement

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Hello and welcome to the H. you a special presentation from TD Ameritrade my name is Ben Watson Im an education coach here at TD Ameritrade and I am lucky enough to have the opportunity to host this session today. Resented by C. B. O. E. and some great presenters Kevin Davitt and Jamal Chandler and were going to keep b be e memeetetiningg tn just a moment couple of quick reminders though were going to take care of a couple of housekeeping items. Our session title today trading index options learning how to navigate settlement risks and execute trading strategies for two days markets. Couple of other things to keep in mind remember that TD Ameritrade is separate from and not affiliated with CBOE or the options institute. And is not responsible for their policies or services their appearance and their opinions and commentary I should note under no circumstances be construed as an endorsement or recommendation by TD Ameritrade. River that options involve risks they are not suitable fo

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Index Settlement Values IndexSettlement ValueRussell 1000 Index (RIR)2243.67Russell 1000 Growth (RLR)2365.64Russell 1000 Value (RVS)1552.17Mini-SPX (XSP)407.9120 more rows
When trading Equity Index futures, there are two types of settlement: daily and final. Daily settlement refers to the contracts settlement price on a daily basis while final settlement represents the final value of the contract at expiration.
One point equals $100.
The SET amount publishes 30-45 minutes after the market open and is the settlement value of SPX that determines whether or not your position is ITM or OTM.
Stocks trade based on the value of the company they represent; derivatives trade based on the value of the underlying asset. The value of equities at the end of the day is based on a closing price, while the value of derivatives is based on a settlement price.
Settlement Value: The exercise-settlement value, SPX, is calculated using the last (closing) reported sales price in the primary market of each component stock on the last trading day.
Equity Index products normally close and settle 15 minutes after the daily close of trading in cash equities. The cash/futures basis may be affected to the extent that futures may fluctuate, sometimes sharply, during those final 15 minutes.
The SET amount publishes 30-45 minutes after the market open and is the settlement value of SPX that determines whether or not your position is ITM or OTM.

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