Options on U.S. Dollar Spot
|Underlying||The exchange rate of Brazilian Reals (BRL) per U.S. Dollar (USD).|
|Contract size||USD50,000.00 (fifty thousand U.S. Dollar).|
|Quotation||Option premium in BRL per USD1,000.00, to three decimal places.|
|Tick size||BRL0.001 per USD1,000.00.|
|Last trading day||Last trading day preceding the expiration date.|
|Expiration date||1st business day of the contract month.|
|Contract months||All months.|
|Option exercise||On the expiration date, the option exercise is performed automatically by BM&FBOVESPA, subject to the following conditions:|
Call option (call):
a) If the result of the difference between the settlement price of the contract object and the exercise price for the principal owner, is positive; and
b) the principal holder does not register on the trading system its intention not to exercise its call on the expiration date.
Put option (put):
a) If the result of the difference between the exercise price and the settlement price of the contract subject to the principal owner, is positive; and
b) the principal holder does not register on the trading system its intention not to exercise its put on the expiration date.
- Participation by investor type - 12/2021