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mceelz234 t1_j1mbwo2 wrote

Can’t trade US options outside of US market hours. The chain literally doesn’t exist as the order book closes and all bid asks removed until next trading day.

I’m sure some big banks figured a way to roll these options into swaps and trade them after hours between themselves and other big banks but generally if an option can’t be executed in the money then it can’t be traded.

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[deleted] t1_j1ono7y wrote

[removed]

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mceelz234 t1_j1q03a2 wrote

You’re 1000% wrong champ

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BackgroundStrategy69 t1_j1q1oi6 wrote

No, maybe you just started trading recently.

Up until last year, SPX options started trading around midnight. Now they actually trade near 24/5 since the other recent changes like expiries every day.

This is really easy to Google, champ.

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mceelz234 t1_j1q8ar8 wrote

Google this, champ. This is coming from the mf who books ALL derivative trades INCLUDING options for Bank of America as a software dev haha. Please read below and educate yourself youngin.

All options, unlike equities, go to the lit exchange that is only open during market hours. The options chain literally doesn’t exist after hours. The only exception to trading after 4 pm are a few Nasdaq tracking and other ETFs like XRT that trade until 4:15 ET but overall all equity options, ETF/ETN options, index options, and world currency options trade only from 9:30 AM to 4 PM eastern standard time M-F save for some holidays.

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