Explore the depths of short-term options trading opportunities
Eurex offers daily expiring options on the EURO STOXX 50® Index (OEXP) and DAX® (ODAP) to react quickly to sudden market movements and events. These daily expiring options are also known as zero day to expiry options (0DTE).
Trade with more accuracy and cost efficiency using options that expire daily. Daily Options are available every day of the trading week during the entire trading day at expiration, capturing the full European trading day and overlapping with the US market.
Professionally trade Daily Options, manage short-term risks in the market precisely and customize your trades to your specific needs with options with daily expirations.
Traded Contracts und Open Interest
With the short expiration dates of Daily Options, traders can quickly react to sudden market movements and events like elections and economic figures on respective date of the event.
Daily Options allow traders to make informed trades based on the closing price of the underlying. OEXP is the first EURO STOXX 50® option available for the entire trading day at expiration, capturing the late Asian, full European trading day and overlapping with the US market.
Choose between more strikes with five-euro strike prices.
Daily Options offer a regulated and transparent alternative to the OTC market. In this centrally cleared environment, traders also benefit from additional margin efficiencies.
Enhance existing positions for short-term market movements.
Allows investment strategies on gamma trading or for capturing arbitrage opportunities.
Daily Options are highly liquid, allowing traders to enter and exit positions quickly and easily.
Daily Options are affordable alternative to longer-dated options, having a lower time premium.
Daily Options offer extended global trading hours, letting traders from all over the world participate.
Daily Options on EURO STOXX 50® Index | |
Eurex product code | OEXP |
Underlying Index | EURO STOXX 50® Index |
Contract size | EUR 10 |
Tick size | Premium-dependent tick size for simple instruments for order book (outright) only. Bid up to: 0.10 – 10.00: 0.10 index points 10.25 – 25.00: 0.25 index points 25.5+: 0.50 index points TES Block Trade and complex instruments (e.g. strategies) |
Trading hours | Monday – Friday : 09.00 – 17.30 CET (TES: 09.00 – 19.00 CET) |
Last trading day | Last trading day of the relevant contract Close of trading on the last trading day: 17:30 CET |
Final settlement price | EURO STOXX 50® index level based on the closing auction price of the respective index constituents |
Settlement | Cash settlement |
Vendor codes | Refinitiv: Bloomberg: |
Eurex product code | ODAP |
Underlying Index | DAX® Index |
Contract size | EUR 5 |
Tick size | Premium-dependent tick size for simple instruments for order book (outright) only. Bid up to: 0 – 25: 0.10 index points 25.5 – 250: 0.25 index points 251+: 0.50 index points TES Block Trade and complex instruments (e.g. strategies) |
Trading hours | Monday – Friday : 09.00 – 17.30 CET (TES: 09.00 – 19.00 CET) |
Last trading day | Last trading day of the relevant contract Close of trading on the last trading day: 17:30 CET |
Final settlement price | Index level of the DAX index based on the closing price of the underlying stocks |
Liquidity Provider (On Screen)
Company | Member ID | Contact | Phone / e-mail |
All Options International B.V. | AINAM | Martin Polak | T +31 20 795 7021 martin.polak@alloptions.nl |
IMC Trading B.V. | INMAM | Cathal Hardiman | T +31 20 798 8572 cathal.hardiman@imc.com |
Maven Europe Ltd. | MAELO | Adam Kaldor | T +44 20 3535 7057 adam.kaldor@mavensecurities.com |
Optiver V.O.F. | OPXAM | Maikel Verdiesen | T +31 20 708 7808 MaikelVerdiesen@Optiver.com |
Contacts