Soybean Jan '24 Futures Options Prices - Barchart.com (2024)

The FuturesOptions Quotes page provides a way to view thelatest Optionsusing current Intraday prices, orDaily Optionsusing end-of-day prices.

Options prices are delayed at least 15 minutes, per exchange rules, and trade times are listed in CT.

Options Type

American Options: An American option is an option that can be exercised anytime during its life. American options allow option holders to exercise the option at any time prior to, and including its maturity date, thus increasing the value of the option to the holder.

European-Style Options: A European option is an option that can only be exercised at the end of its life, at its maturity. European options tend to sometimes trade at a discount to their comparable American option because American options allow investors more opportunities to exercise the contract.

Short Dated New Crop Options: The term short-dated refers to a shorter window before the option's last trading day, otherwise known as option expiration. A traditional (or long-dated) option has a longer window before the option expires. In corn, traditional December calls and puts expire in late November. In soybeans, traditional November calls and puts expire in late October. Short-dated options have the same underlying futures contract (or instrument). The underlying futures contract for corn is December, and the underlying futures contract for soybeans is November. With short-dated, there are fewer days of coverage. As an example, a July short-dated option will expire in late June, even though the underlying futures contract is December.

Calendar Spread Options: A calendar spread is an option spread established by simultaneously entering a long and short position on the same underlying asset but with different delivery months. Sometimes referred to as an interdelivery, intramarket, time or horizontal spread.

Weekly Options: Weekly options are the same as standard American Options, except they expire on a Friday.

  • Week 1 options expire on the first Friday of the month
  • Week 2 options expire on the second Friday of the month
  • Week 3 options expire on the third Friday of the month
  • Week 4 options expire on the forth Friday of the month
  • Week 5 options expire on the fifth Friday of the month (if it exists)

Weekly European Options: Same as Weekly Options above but can only be exercised at the maturity date (Friday).

Monday Weekly Options: A weekly option that expires on Monday rather than Friday.

  • Week 1 - 1st Friday of the month
  • Week 2 - 2nd Friday of the month
  • Week 3 - 3rd Friday of the month
  • Week 4 - 4th Friday of the month
  • Week 5 - 5th Friday of the month

Wednesday Weekly Options: A weekly option that expires on Wednesday rather than Friday.

  • Week 1 - 1st Wednesday of the month
  • Week 2 - 2nd Wednesday of the month
  • Week 3 - 3rd Wednesday of the month
  • Week 4 - 4th Wednesday of the month
  • Week 5 - 5th Wednesday of the month

New Crop Options: Options with an expiration date after harvest has been completed.

CSO Consecutive: A calendar Spread where the first leg is the front month and the second leg is the next available month.

Average Price Options: A type of option where the payoff depends on the difference between the strike price and the average price of the underlying asset. If the average price of the underlying asset over a specified time period exceeds the strike price of the average price put, the payoff to the option buyer is zero. Conversely, if the average price of the underlying asset is below the strike price of such a put, the payoff to the option buyer is positive and is the difference between the strike price and the average price. An average price put is considered an exotic option, since the payoff depends on the average price of the underlying over a period of time, as opposed to a straight put, the value of which depends on the price of the underlying asset at any point in time.

Crack Spreads: The spread created in commodity markets by purchasing oil options and offsetting the position by selling gasoline and heating oil options. This investment alignment allows the investor to hedge against risk due to the offsetting nature of the securities.

Crack Spread Average Price Options: Similar to Crack Spreads above, but use Average Price options.

MidCurve Options: Eurodollar Mid-Curve options are short-dated American-style options on long-dated Eurodollar futures. These options, with a time to expiration of three months to one year, have as their underlying instrument Eurodollar futures one, two, three, four or five years out on the yield curve.

Weekly 1-Year Options: Similar to MidCurve options, but expire in 1 weeks.

Weekly 2-Year Options: Similar to MidCurve options, but expire in 2 weeks.

Weekly 3-Year Options: Similar to MidCurve options, but expire in 3 weeks.

EOM Options: End Of Month options are designed to expire on the last business day of each calendar month, offering alignment with month-end accounting cycles.

Additional Selection Criteria

Select an options expiration date from the drop-down list at the top of the table, and select "Near-the-Money" or "Show All' to view all options.

You can also view options in aStackedorSide-by-Sideview. The View setting determines how Puts and Calls are listed on the quote. For both views, "Near-the-Money" Calls are Puts are highlighted:

  • Near-the-Money - Puts: Strike Price is greater than the Last Price
  • Near-the-Money - Calls: Strike Price is less than the Last Price

Logged in Barchart Members can set a preference for how this page displays.

  1. Select your desired number of strikes
    • 5 Strikes +/-
    • Near-the-Money (10 Strikes +/-)
    • 20 Strikes +/-
    • 50 Strikes +/-
    • All Strikes
  2. Select the page layout (Side-by-Side, Stacked)
  3. Choose whether you want to see Intraday or End-of-Day options prices.
  4. Sort the Strike column in ascending or descending order
  5. Finally, click the "Make this my default view" link top right of the page to save your preference for the next time you visit the page.

Data Shown on the Page

For the selected Options Expiration date, the information listed at the top of the page includes:

  • Options Expiration: The last day on which an option may be exercised, or the date when an option contract ends. Also includes the number of days till options expiration (this number includes weekends and holidays).
  • Price Value of Option Point: The intrinsic dollar value of one option point. To calculate the premium of an option in US Dollars, multiply the current price of the option by the option contract's point value. (Note: The point value will differ depending on the underlying commodity.)

Stacked View

AStackedview lists Puts and Calls one on top of the other, sorted by descending Strike Price. Puts are identified with a "P" after the Strike Price, while Calls are identified with a "C" after the Strike Price.

  • Strike: The price at which the contract can be exercised. Strike prices are fixed in the contract. For call options, the strike price is where the shares can be bought (up to the expiration date), while for put options the strike price is the price at which shares can be sold. The difference between the underlying contract's current market price and the option's strike price represents the amount of profit per share gained upon the exercise or the sale of the option. This is true for options that are in the money; the maximum amount that can be lost is the premium paid.
  • Open: The open price for the options contract for the day.
  • High: The high price for the options contract for the day.
  • Low: The low price for the options contract for the day.
  • Last: The last traded price for the options contract.
  • Change: Today's change in price
  • Volume: The total number of option contracts bought and sold for the day, for that particular strike price.
  • Open Interest: Open Interest is the total number of open option contracts that have been traded but not yet liquidated via offsetting trades for that date.
  • Premium: The price of the options contract.
  • Time: The time of the last trade for the options contract.

Side-by-Side View

ASide-by-SideView lists Calls on the left and Puts on the right.

  • Last: The last traded price for the options contract.
  • Volume: The total number of option contracts bought and sold for the day, for that particular strike price.
  • Open Interest: Open Interest is the total number of open option contracts that have been traded but not yet liquidated via offsetting trades for that date.
  • Premium: The price of the options contract.
  • Strike: The price at which the contract can be exercised. Strike prices are fixed in the contract. For call options, the strike price is where the shares can be bought (up to the expiration date), while for put options the strike price is the price at which shares can be sold. The difference between the underlying contract's current market price and the option's strike price represents the amount of profit per share gained upon the exercise or the sale of the option. This is true for options that are in the money; the maximum amount that can be lost is the premium paid.

Totals

The totals listed at the bottom of the page are calculated from All calls and puts, and not just Near-the-Money options.

  • Put Premium Total: The total dollar value of all put option premiums.
  • Call Premium Total: The total dollar value of all call option premiums.
  • Put/Call Premium Ratio: Put Premium Total / Call Premium Total
  • Put Open Interest Total: The total open interest of all put options.
  • Call Open Interest Total: The total open interest of all call options.
  • Put/Call Open Interest Ratio: Put Open Interest Total / Call Open Interest Total.

As an enthusiast deeply immersed in the world of options trading, allow me to guide you through the intricacies of the FuturesOptions Quotes page concepts. My expertise lies in navigating the complexities of options trading, evidenced by an in-depth understanding of various options types and trading strategies.

Let's dive into the key concepts highlighted in the provided article:

  1. Options Pricing and Timing:

    • Options prices on the FuturesOptions Quotes page are delayed by at least 15 minutes, adhering to exchange rules.
    • Trade times are listed in Central Time (CT).
    • The page provides options for viewing both current Intraday prices and end-of-day Daily Options.
  2. Types of Options:

    • American Options: Can be exercised at any time before and including the maturity date.
    • European-Style Options: Can only be exercised at the end of their life, at maturity.
  3. Short Dated New Crop Options:

    • Short-dated options: Have a shorter window before the last trading day or option expiration.
    • The underlying futures contract for corn is December, and for soybeans, it is November.
  4. Calendar Spread Options:

    • Calendar spread: Simultaneously entering long and short positions on the same underlying asset with different delivery months.
  5. Weekly Options:

    • Standard American options that expire on Fridays, with different weeks corresponding to different Fridays of the month.
    • Weekly European Options: Similar to Weekly Options but can only be exercised on the maturity date (Friday).
    • Monday and Wednesday Weekly Options: Expire on Monday and Wednesday, respectively.
  6. New Crop Options:

    • Options with an expiration date after the harvest has been completed.
  7. CSO Consecutive:

    • A calendar spread where the first leg is the front month, and the second leg is the next available month.
  8. Average Price Options:

    • An option type where the payoff depends on the difference between the strike price and the average price of the underlying asset over a specified time period.
  9. Crack Spreads:

    • Created by purchasing oil options and offsetting the position by selling gasoline and heating oil options.
  10. MidCurve Options:

    • Short-dated American-style options on long-dated Eurodollar futures with varying expiration periods.
  11. Weekly 1-Year, 2-Year, and 3-Year Options:

    • Similar to MidCurve options but expire in 1, 2, and 3 weeks, respectively.
  12. EOM Options (End Of Month):

    • Designed to expire on the last business day of each calendar month, aligning with month-end accounting cycles.
  13. Options Expiration Date Information:

    • Last day for option exercise, including the number of days until options expiration.
  14. Price Value of Option Point:

    • Intrinsic dollar value of one option point for calculating the premium in US Dollars.
  15. View Settings:

    • Allows users to customize the display, including near-the-money, stacked or side-by-side views, and sorting options.
  16. Data Shown on the Page:

    • Various information for the selected options expiration date, including open, high, low, last traded price, change, volume, open interest, premium, and time.
  17. Totals:

    • Calculated totals for put and call option premiums, put/call open interest ratios, etc.

Understanding these concepts empowers traders to make informed decisions when navigating the dynamic world of options trading. If you have specific questions or need further clarification on any of these topics, feel free to ask!

Soybean Jan '24 Futures Options Prices - Barchart.com (2024)
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