Options Playbook Radio 27: Index Options

For those of you with a copy of the Playbook, we're on page 145 "So what is an index option anyhow?" If you are looking at the Options Playbook website, just look for "Index Options" in the Options Basics Tab

Today Brian discusses:

• American-style expiration vs. European-style expiration.
• The very first listed index option.
• S&P 500 Index and the DOW 30.
• Capitalization weighted vs. Equal dollar weighted vs. Price weighted.
• AM Settlement vs PM Settlement.
• Broad-based vs. Narrow-based.