IFK "Option": Summer Session

On Thursday at the emergency site Russia trade is mainly with the decrease. Futures on both the RTS and MICEX index traded at a discount to the underlying asset. At RTS bekvordatsiya (the difference between the price index and futures) greater than on the MICEX. So, at 15.45 PM IST MICEX index losing 2.03% at 991.92 on, RTS index decreases on 0,48% and the test mark in section 973.21 of the urgent section RTS FORTS the September futures traded on the RTS index at 95 p. 300, the emergency contract for the site MICEX MICEX ruble index of execution in September, quoted by 98 Day Clause 710 is not very active, the volume of small trades, many traders had already gathered on holiday in hot countries. Especially small and tomorrow will be the volume, because in the U.S. market will be closed due to holiday. In the area remain negative and almost all liquid futures on individual chips, however, small losses of 0.5 to 2%. For example, contracts for Sberbank and Gazprom reduced by 1.8%, VTB falling to 0.99%, Rosneft and Lukoil at minus 0.7%, in «red» color and futures on gold. The only exception is a contract for a course in non-cash U.S. dollars, plus to 0,057%. Thousand dollars in September, the calculations can be bought on FORTS to 31 689 rubles.

In the tie-up options are popular for Sberbank, it has passed the most contracts. At страйках 25 and 32 rubles per share is an active trade on the 92-97% nd implied volatility. At the same time, an increase in the number of open positions. Put options give the opportunity zahedzhirovat long positions in shares of Sberbank, and also allow speculation and with minimal risk to earn a top-down dynamics of the market.

Despite the slight decline in our stock, large and panic selling is not observed. Oil is at a comfortable level of $ 68 for the «barrel». Our speculators now otygryvayut sales in Europe and the U.S. futures. However, great importance will be going to 16.30 PM IST, macroeconomic statistics on the labor market from abroad. Nevertheless, «bulls» now it is important to maintain current levels, so as not to change the trend to come down. In the event of further collapse of the MICEX index may find support at the local level at 900 points.