When is the option trading time?
The trading hours of options are 9:15-1:30 am and 13: 00- 15: 00 pm. Among them, 9: 00 am15-9: 25 am is the opening call auction time, and the last three minutes are random. 9: 30-11:30.13: 00-15: 00 is the continuous bidding time.
On the last trading day of the option, that is, the exercise date, the trading time remains unchanged. The exercise time is 9: 00 a.m.15-1:30 a.m. (where call auction ends at -9: 30 randomly and does not accept the exercise instruction) and 13: 00- 15: 30 p.m.
What are options?
Options are options. After paying a certain royalty to the seller, the buyer of the option obtains this right, that is, the right to sell or buy a certain number of subject matter (physical objects, securities or futures contracts) at a certain price (exercise price) within a certain period of time (that is, option trading).
The difference between options and futures:
1, trading places is different: options are traded on the Shanghai Stock Exchange; Futures are traded on the futures exchange.
2. Different investment targets: Option is an option contract with the stock index as the subject matter. At present, the target of option investment is only SSE 50ETF futures based on commodity contracts, and the futures trading varieties include agricultural products, precious metals, energy and chemicals, derivatives and industrial products.
3. The account opening conditions are different: 1, and the average daily assets in the first 20 trading days are more than 500,000; 2.a-share account has been opened for a total of six months; 3. Have the qualification to participate in secondary financial institutions or financial futures trading; 4. Pass the basic knowledge of options recognized by the exchange and related tests; 5. Experience in option simulation trading; 6. Risk tolerance of 6.C4 and above; 7. There is no serious bad credit record, and options trading is prohibited or restricted by laws, regulations, rules and business rules of the exchange; 8. Comprehensive evaluation of the appropriateness of option investors organized by the company. There is no requirement in futures account. You can open an account as long as 18 or above.
Summary: The above is the introduction of option trading time, which I believe friends have already understood.