Education Series: Using Options to Hedge Commodity Price Risk
July 2008 CBOT Ethanol Chartbook
CBOT Supersizes Dow Futures Complex with BIG Dow Contract ($25)
Start of Trading 3/20/2006
CHICAGO, February 13, 2006 – The Chicago Board of Trade (CBOT®) announced today it will list a new BIG DowSM futures product. The contract will launch on March 20, 2006 and will expand the CBOT’s Dow Jones Industrial Average (DJIASM) futures complex to meet the market’s demand for a larger sized, fully electronically traded product.
CBOT Senior Vice President of Business Development Robert D. Ray said, “Our new BIG Dow product will facilitate additional trading opportunities as the result of the fungibility within the CBOT’s DJIA futures complex, as well as with other broad-based equity index futures contracts that have a significantly high correlation to the DJIA. In addition, offering a BIG Dow contract with a $25 multipler is very attractive to a broad spectrum of market participants. The CBOT BIG Dow contract will represent, in terms of notional value, the single largest equity index futures contract traded exclusively on an electronic platform.”
Read full press release.
CBOT To Launch Options on 100 oz. Gold Futures
Start of Trading 3/3/2006
The Chicago Board of Trade announced it will expand its Precious Metals Complex by launching a CBOT 100 Ounce Gold Futures options contract to trade exclusively on the Exchange’s premier electronic platform, powered by LIFFE CONNECT®.
The new CBOT 100 Ounce Gold Futures options contract is expected to begin trading on Friday, March 3, 2006 under the ticker symbol of OZG (OZGC for calls and OZGP for puts). Three firms, Infinium Capital Management LLC, Optiver US, LLC and Wolverine Trading, LLC, will be serving as electronic market makers and providing two-sided markets during daytime hours for the new contract. In addition, market users can access live real-time bids and offers for the most actively traded strikes for free on www.cbot.com/metals.
Join the Gold Rush. CBOT Metals Complex.
Just click for free streaming futures quotes:
Live 100 oz & 33.2 oz Gold books
Live 5000 oz. & 1000 oz. Silver books
New CBOT Metals brochure available now in print and PDF. Front month for gold is now April 2006 expiration.
CBOT on the Road
The New York Traders Expo, February 18-21, 2006 at The Marriott Marquis Hotel — for FREE! For complete details or to register, call 800/970-4355 ( mention priority code #005219 ) or visit thisWebsite.
Join us at the Expo for these events or visit us in Booth 6117/6216:
Saturday, February 18
10:30am - 1pm
Toni Turner, Seven Steps to Trading Sucess
* online simulcast available *
Sunday, February 19
11:45am-12:45pm
John Person, Advanced Trading Tactics for Precious Metals
3:00-4:00pm
John Carter, Maximizing Gold Futures Trading Opportunities
Monday, February 20
11:45am-12:45pm
John Carter, Technical Analysis for Dow Futures
Tuesday, February 21
8 - 9:30am
Bo Yoder, The Top Five Reasons Traders Lose Money
* online simulcast available *
LIVE ONLINE INTERACTIVE SEMINARS ("Webinars")
Trading the $10 Gold Channel
Feb. 13 @ 3:30 PM Chicago / 4:30 PM Eastern time.
Join Tom Loge, CTA, as he shows you a simple, yet powerful way to trade gold by taking advantage of a predictable anomaly in the gold market. Sponsored by Interactive Brokers.
Register now.
Time Out! Using Median Lines & Pitchforks to Day-trade 30-yr. Bond Futures
Feb. 15 @ 10 AM Chicago / 11AM Eastern time.
Join 30-yr career trader Tim Morge as he discusses how to use technical analysis tools correctly to increase your profitability & put "Action" back into your 30 year T-Bond futures trading.
Register now.
Seven Steps to Successful Trading
Feb. 18 @ 9:30 AM Chicago / 10:30 AM Eastern time.
Professional trading and educator Toni Turner discusses seven, all-important steps that can lead to a winning trading career.
Register now.
Top 5 Reasons Traders Lose Money
Feb. 21 @ 7AM Chicago / 8AM Eastern time.
Bo Yoder will show how by learning how losing traders destroy their edge, you will be better able to analyze and enhance your own trading strategies.
Register now.
The Fear of Missing Out
March 1 @ 3:30 PM Chicago / 4:30 PM Eastern time.
Doug Hirschhorn, PhD, discusses the fear of missing out - why it causes over-trading, why it causes under-trading and how to solve it.
Register now.
WEBINAR RECORDINGS NOW AVAILABLE
Scalper Buys & Sells, John Carter
Advanced Trading Tactics for Precious Metals, John Person
Capturing Stock Market Volatility in the Dow, John Carter
Cashing in on the Next Big Moves in Gold, John Carter
New CBOT Simulator
Berkeley IQ Trader - a platform provided by UK broker Berkeley Futures Ltd, provides live streaming quotes, trading from depth of market, single-click trading, trading from charts, trailing stop and bracket
orders, inter-product spreading, advanced technical analysis studies, back testing and optimisation capabilities and much, much more. Register here for a free trial.
Free Trial to Real-Time Quotes, Charts & News
Have you tried CBOT Advantage? You can for free! CBOT Advantage is a real-time quote, chart, news and weather application offered by the CBOT. All you need is an internet connection. Try CBOT Advantage today!
Dan Gramza will present an Advanced Technical Trading Strategies Workshop February 27th through March 3rd, 2006 at the CBOT. This five day course will be held from 2:30pm to 5:30pm on each day and will examine standard and unique applications of a variety of technical trading techniques including various proprietary approaches. Over 15 different proprietary methods of applying mathematical studies will be examined in detail.
The CBOT will host a one-day Financial options workshop on March 15th, 2006 with options author and speaker Jay Sorkin. The workshop will cover in detail a number of topics including the basics of options, fundamental properties of options, option pricing, and Financial option strategies.
The Chicago Board of Trade and Northwestern University School of Continuing Studies are offering several futures related trading courses during the first quarter of this year. These course offerings include:
Special Topics in Trading: U.S. Financial Markets and Derivative Instruments
This course covers a wide range of topics involving the debt and equity markets, macroeconomic factors, Federal Reserve policy issues, and derivative products. Attendees should have completed the Basics of Futures and Options Course or have a solid finance/economics background. Topics include business cycle, inflation, economic reports, the Federal Reserve Bank, the term structure of interest rates, debt markets, equity markets, treasury futures and stock index futures.
Options are contracts which give the holder the right - but not the obligation - to buy or sell a security at a set price or a set period of time. Options can be used to protect, or hedge, an existing investment. There are many options strategies available to investors and this course will concentrate on retail strategies designed for individual users of U.S. contracts. Markets discussed include treasury options, stock options, stock index options, ETF's, LEAPS©, and commodity options. Emphasis on the course will be on the structure of strategies and the theory behind when and how to use them.
Please contact us at wwwcomments@cbot.com with any questions or comments regarding this newsletter.
The information in this release is believed to be reliable and is intended for purposes of information and education. The content does not constitute trading advice or constitute a solicitation of the purchase or sale of any futures or options. The Rules and Regulations of the Chicago Board of Trade should be consulted as the authoritative source on all current contract specifications and regulations.
If you are reading this email in text format, please go to http://www.cbot.com/cbot/pub/page/0,3181,930,00.html for online html version.
Legal
| Subscriptions