The trading rules of floor options may vary from exchange to exchange and contract, but usually include the following elements:
Basic assets: The basic assets of floor options can be various financial assets such as stocks, indexes and foreign exchange.
Trading direction: floor options can be bought and sold as call options or put options.
Exercise price: the exercise price is the price at which the option purchaser can buy or sell the underlying assets on the expiration date.
Expiration date: On-site options usually have a specific expiration date, and when they expire, the options will be automatically executed or invalidated.
Royalty: You need to pay royalties when buying on-site options, and the amount of royalties depends on the price of options, exercise price, expiration date and other factors.
Leverage effect: floor options usually have a high leverage effect, enabling investors to participate in larger transactions with less capital.