EURO STOXX® Banks Index Dividend Options (OEBD)

  • Currency
    EUR
  • Product ISIN
    DE000A3DL3Z5
  • Underlying ISIN
    CH0143300058

Statistics

Last update:Oct 08, 2022 12:00:00 AM

Traded contracts:
0
Open interest (adj.):
8,000
Product type:
O
Stock exchange:
n/a
Underlying closing price:
0.00
Product name Contract type Expiry Traded contracts Put/Call ratio Open interest Open interest (adj.) Strike price range Strike price series
OEBD Dec 22 0 n/a 0 0 4.8/5.7 10
CALL Dec 22 0 0 0
PUT Dec 22 0 0 0
OEBD Dec 23 0 n/a 2,000 2,000 3/5.5 22
CALL Dec 23 0 1,000 1,000
PUT Dec 23 0 1,000 1,000
OEBD Dec 24 0 n/a 6,000 6,000 2.4/5.5 16
CALL Dec 24 0 4,000 4,000
PUT Dec 24 0 2,000 2,000
OEBD Dec 25 0 n/a 0 0 1.5/5 18
CALL Dec 25 0 0 0
PUT Dec 25 0 0 0
OEBD Dec 26 0 n/a 0 0 1.5/6 17
CALL Dec 26 0 0 0
PUT Dec 26 0 0 0
Total 0 n/a 8,000 8,000
Call 0 5,000 5,000
Put 0 3,000 3,000

Prices/Quotes

Last trade: Oct 07, 2022 6:44:40 PM

Strike price Vers. num. Opening price High Low Bid price Bid vol Ask price Ask vol Diff. to prev. day last Last price Date Time Daily settlem. price Traded contracts Open interest (adj.) Open interest date Last trading day
5.70 0 n.a. n.a. n.a. n.a. n.a. n.a. n.a. +0.00% 0.01 10/07/2022 18:44:40 0.01 0 0 09/13/2022 n.a.
5.60 0 n.a. n.a. n.a. n.a. n.a. n.a. n.a. +0.00% 0.01 10/07/2022 18:44:40 0.01 0 0 08/05/2022 n.a.
5.50 0 n.a. n.a. n.a. n.a. n.a. n.a. n.a. +0.00% 0.01 10/07/2022 18:44:40 0.01 0 0 06/13/2022 n.a.
5.40 0 n.a. n.a. n.a. n.a. n.a. n.a. n.a. +0.00% 0.02 10/07/2022 18:44:40 0.02 0 0 06/13/2022 n.a.
5.30 0 n.a. n.a. n.a. n.a. n.a. n.a. n.a. -16.67% 0.05 10/07/2022 18:44:40 0.05 0 0 06/13/2022 n.a.
5.20 0 n.a. n.a. n.a. n.a. n.a. n.a. n.a. +0.00% 0.11 10/07/2022 18:44:40 0.11 0 0 06/13/2022 n.a.
5.10 0 n.a. n.a. n.a. n.a. n.a. n.a. n.a. -5.26% 0.18 10/07/2022 18:44:40 0.18 0 0 06/13/2022 n.a.
5.00 0 n.a. n.a. n.a. n.a. n.a. n.a. n.a. -3.70% 0.26 10/07/2022 18:44:40 0.26 0 0 06/06/2022 n.a.
4.90 0 n.a. n.a. n.a. n.a. n.a. n.a. n.a. -2.78% 0.35 10/07/2022 18:44:40 0.35 0 0 06/13/2022 n.a.
4.80 0 n.a. n.a. n.a. n.a. n.a. n.a. n.a. -2.17% 0.45 10/07/2022 18:44:40 0.45 0 0 06/13/2022 n.a.
Total 0 0

Specifications

Contract Specifications

Contract value

OEXD: EUR 100 per index dividend point of the underlying.
OEBD: EUR 500 per index dividend point of the underlying.

Settlement

Cash settlement, payable on the first exchange day following the final settlement day.

Price quotation and minimum price change

The price quotation is in points, with two decimal places. The minimum price change is 0.01 points, equivalent to a value of EUR 1 (OEBD: EUR 5) per contract.

Contract months

OEXD - up to 119 months: The ten nearest successive annual contracts of the December cycle (from the first exchange day after the last trading day of the calendar year up to the final settlement day of the following calendar year) are available for trading at any time.

OEBD - up to 59 months: The five nearest successive annual contracts of the December cycle (from the first exchange day after the last trading day of the calendar year up to the final settlement day of the following calendar year) are available for trading at any time.

Last trading day and final settlement day

Last trading day is the final settlement day. Final settlement day is the third Friday of each December expiration month if this is an exchange day; otherwise the exchange day immediately preceding that day. Close of trading in the expiring option series on the last trading day is at 12:00 CET.

Daily settlement price

The daily settlement price is established by Eurex. The daily settlement prices for EURO STOXX 50® Index Dividend Options are determined through the Black/Scholes 76 model.

Further details are available in the clearing conditions.

Final settlement price

The final settlement price is established by Eurex on the final settlement day at 12:00 CET based on the final value of the underlying index for the relevant contract period. Determining is the cumulative total of the relevant gross dividends of the constituents of the underlying index.

STOXX Ltd., Deutsche Börse AG as well as SIX Swiss Exchange shall thereby define, according to their regulations, which dividends are to be included in the calculation of the index. Furthermore, the index provider shall define the amount of the dividend to be considered, the point of consideration of the dividend payment and the conversion of the dividends in index points.

Exercise

European-style; an option can only be exercised on the final settlement day of the respective option series until the end of the Post-Trading Full Period (20:30 CET).

Exercise prices

OEXD contracts have execution prices with intervals in the amount of not less than one point. Option series with a term of up to 59 months may have exercise prices of five points or of ten points for option series with a term of more than 59 months.

OEBD contracts have execution prices with intervals in the amount of not less than 0.05 points. Option series with a term of up to 35 months may have exercise prices of 0.25 points or of 0.5 points for option series with a term of more than 35 months.

Option premium

The premium is payable in full in the currency of the respective contract on the exchange day following the day of the trade.

Block Trades

Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 50 contracts.

Market-Making Parameter

All quotation parameters at a glance

  • Quotation period
  • Maturity range
  • Spread class & Maximum Spread
  • Minimum Quote Size
Liquidity Provider schemes

Mistrade Parameter

This file provides an overview of mistrade ranges for Options and Futures including information on their behavior close to expiration and in stressed markets.
 

Mistrade Ranges

Crossing Parameters

(section 2.6 Eurex Trading Conditions)

(1) Orders and quotes relating to the same instrument or combined instrument may, in case they could immediately be executed against each other, neither be entered knowingly by an Exchange Participant (a cross trade) nor pursuant to a prior understanding by two different Exchange Participants (a pre-arranged trade), unless the conditions according to Paragraph 3 have been fulfilled. The same shall apply for the entry of orders as part of a quote.

(2) An Exchange Participant may submit a description of his internal and external links to the EDP system of Eurex Deutschland to the Market Surveillance Office of Eurex Deutschland with a view to a decision on whether the Exchange Participant acted knowingly within the meaning of Paragraph 1. The details of the specifications of the description of the IT linkage pursuant to Sentence 1 shall be determined by the Surveillance Office of Eurex Deutschland in agreement with the Management Board of Eurex Deutschland.

(3) A cross trade or a pre-arranged trade is admissible if a participant in a cross-trade or a pre-arranged trade, prior to entering his order or quote into the EDP system of Eurex Deutschland, announces his intention to execute a corresponding number of contracts as cross-trades or pre-arranged trades in the order book (“cross request”). The order or quote giving rise to the cross trade or pre-arranged trade must be entered one second at the earliest and 61 seconds at the latest with regard to Money Market Futures contracts, Fixed Income Futures contracts, options on Money Market Futures contracts and options on Fixed Income Futures contracts, respectively 31 seconds at the latest with regard to all other futures and option contracts after having entered the cross request. The purchasing Exchange Participant shall bear the responsibility for compliance with the content of the cross request entry. Entering a cross request without subsequently entering the respective order or quote is not admissible.

(4) Paragraphs 1 and 3 shall not apply to transactions consummated during the netting process in an auction (Number 1.4 Paragraphs 2 and Paragraph 3).

(5) Paragraph 1 shall apply mutatis mutandis to other behaviour constituting evasion of this regulation.

Trading Hours

Regular Trading Day
Pre-Trading Trading Post-Trading
Full Late1 Late2 Restricted
07:30 08:30 17:30 20:30
Last Trading Day
Pre-Trading Trading Post-Trading
Full Late1 Late2 Restricted
07:30 08:30 12:00 20:30

Trading Calendar

  • Jan 03
    Equity | Dividends | FX | Equity Index | Great Britain | Holiday

    No cash payment in GBP

  • Apr 15
    Interest Rates | Equity | Equity Index | Dividends | Volatility | FX | ETF & ETC | Commodity | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • Apr 18
    Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • May 02
    Equity | Dividends | FX | Equity Index | Great Britain | Holiday

    No cash payment in GBP

  • May 26
    Fixed income derivatives | Equity | Equity Index | Dividends | ETF & ETC | FX | Switzerland | Holiday

    No cash payment in CHF

  • Jun 02
    Equity | Dividends | FX | Great Britain | Holiday

    No cash payment in GBP

  • Jun 03
    Equity | Dividends | FX | Great Britain | Holiday

    No cash payment in GBP

  • Jun 06
    Fixed income derivatives | Equity | Equity Index | Dividends | ETF & ETC | FX | Switzerland | Holiday

    No cash payment in CHF

  • Jun 17
    Equity Index Dividend Derivatives | Last Trading Day

    Last Trading Day for EURO STOXX 50® Index Dividend Futures

  • Aug 01
    Fixed income derivatives | Equity | Equity Index | Dividends | ETF & ETC | FX | Switzerland | Holiday

    No cash payment in CHF

  • Aug 29
    Equity | Dividends | FX | Great Britain | Holiday

    No cash payment in GBP

  • Sep 19
    Equity | Dividends | FX | Great Britain | Holiday

    No cash payment in GBP

  • Dec 16
    Dividends | Last Trading Day

    Last Trading Day for Dividend Derivatives

  • Dec 26
    Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • Dec 27
    Equity | Dividends | FX | Great Britain | Holiday

    No cash payment in GBP

Transaction Fees

Fee Type Fee
Exchange transactions: Standard fees (A-, M- and P-accounts) EUR 0.60 per contract
TES transactions / Eurex EnLight: Standard fees (A-, M- and P-accounts) EUR 0.60 per contract
Exercise of options (A-, M- and P-accounts) EUR 0.60 per contract
Position transfer with cash transfer EUR 7.50 per transaction

Market Status

XEUR

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