WIKIFX REPORT: New micro oil options from CME Group

From the last two weeks ago, CME Group launched its new micro oil options . These weekly and monthly options will give investors from anywhere in the world access to the most liquid crude oil contract in the world. At iBroker you have them available now on all our trading platforms: Web, Mobile Apps, TradingView and Visual Chart for only 2.25 USD per contract .

After two weeks of introducing to the market, they are now available in iBroker

The main advantage of being creators of our own platform and technology is that in a matter of days we can add a new contract to our product portfolio. In a matter of days you have it available for your operations , from the platform you choose. We now incorporate the micro oil options of the American market, tradeable just since yesterday.

Key features of these contracts

These options are considerably smaller in size than your reference contract. Exactly one tenth of the WTI oil options contract. They will provide the same transparency, while matching the accuracy and versatility of oil strategies. We leave you more details of the oil options contract .

Expiration of micro oil options

They expire in the market at 13:30 PM (CST) on the day of expiration . The Micro WTI Crude Oil monthly option expires on the same date as the standard option, two days prior to the expiration of Micro WTI Crude Oil futures. Micro WTI Crude Oil weekly options expire each Friday.

The 4 great advantages of micro oil options

Among all the benefits that these new micro-oil options can provide, we highlight the following:

• Greater precision in your exposure to oil

A contract 10 times smaller . This is the main advantage, because you will be able to enjoy the same benefits as the reference oil options contract, but with less exposure and financial settlement.

You will graduate your exposure to the oil market with these new micro oil options from CME Group, but without giving up the option of the future as well. In other words, you continue to opt for oil futures , e-mini oil futures and micro oil futures .

• Manage your positions with more versatility

Long or short term . Build your strategies and tailor your positions with these new option contracts. Trade positions adapting to the market and as market conditions change.

• Easier access to the oil market

With a smaller size, the margin demands are also smaller . This gives small investors easier access to the potential of the oil market for almost 24 hours a day.

• Transparency of a regulated market

It's a regulated market , so the transparency of these oil futures options is very strong. Which means that all participants see the same prices and quotes at the same time .