Trader Tip. The ticker symbol for the European Style S&P 100 Index (.XEO) is OEX backwards. The .OEX is the ticker symbol for the S&P 100 Index (.OEX). What’s the difference? OEX options are one of the few cash indexes that settle American Style, which means that exercise and assignment can happen at any time prior to expiration. The XEO settle European style, which means that assignment is only a risk at expiration. Exercise isn’t possible prior to expiration.
Category: All Indexes
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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.