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points by quickthrowman 4 days ago | 0 comments
1) You can exercise a in-the-money futures option to (call) buy or (put) sell a futures contract.

2) The CME copper futures contract (/HG) is also physically settled.

[–] joshheitzman 4 days ago
To fall under the purview of the CFTC does a contract need to be physically settled or be a derivative of a contract that is physically settled?
[–] quickthrowman 4 days ago
/ES futures are cash settled.

/ES futures are used to hedge an SPX position or speculate on SPX. SPX options are also cash settled.

I’m not going to allow you to depose me, if you want to know more about futures contracts, CME and CBOE publish information on all of their futures contracts.

[–] joshheitzman 4 days ago
> I’m not going to allow you to depose me

Then I won't ask you what the difference is between speculation and gambling. Instead I'll just declare myself the winner of this debate.

[–] freejazz 4 days ago
Being rude an accusatory doesn't make you correct when someone doesn't want to participate in the charade.