Uncovered Options Trading System
Category: Equity Index Futures / US Index Futures
The Dow Jones U.S. Real Estate Index Futures have been developed to track the price (performance) of the Dow Jones U.S. Real Estate Index
(DJUSRE). They were introduced and become available for trading in 2007 year. The Dow Jones Real Estate Futures are traded on
the Chicago Merchandise Exchange (CME).
The Dow Jones U.S. Real Estate Index Futures belongs to the group of the "US Index" futures from the
"Equity Index" futures category.
The value of the one Dow Jones U.S. Real Estate Index Futures contracts is $100 times the value of the
Dow Jones U.S. Real Estate Index. If for example, the Dow Jones U.S. Real Estate Index
(DJUSRE) is traded at $1,200, the
value of one future contracts gives to a furfures trader a buying power
that is equivalent to $120,000
(100 times bigger). Furthermore, if the
Dow Jones U.S. Real Estate Index moves up or drops down for one point, the Dow Jones Real Estate Futures contract
increase or decline in its value by $100. The tick size (minimum price
fluctuation) of the Dow Jones U.S. Real Estate Index Futures contract is 10 which correspond to $1,000.00.
The Dow Jones U.S. Real Estate Index Futures are traded under the "RX" symbol and the regular
trading hours for futures are from 5 p.m. EST to 3:15 p.m. EST on the next trading
day. The RX futures contracts are classified by the month of expiration. The RX futures expire on the third Friday of March, June, September and December. Based
on the expiration, the year's number and month's letter are added to the futures
symbol for its identification.
The RX futures that expire in March have "H"
letter added, June expiration futures have "M" letter added, for September
expiration futures "U" letter is used and those futures that expire in December
have "Z" letter added at the end. Furthermore, the Dow Jones U.S. Real Estate Index Futures that
expire in December 2024 are traded under the "RX4Z" symbol, the
March 2025 expiration contracts are traded under the "RX5H"
symbol, June 2025 expiration Dow Jones Real Estate Futures have
"RX5M" symbol and the ones that expire in September 2025 are listed
under the "RX5U" symbol.
| Ticker Symbol: | RX |
| Commodity: | Dow Jones U.S. Real Estate Index (DJUSRE) |
| Available for trading since: | 2007 |
| Expiration Cycle: | Four times a year on third Friday of March, June, September and December. Next four expirations are RX4Z - December 2024 RX5H - March 2025 RX5M - June 2025 RX5U - September 2025 |
| Contract Size: | $100 x Dow Jones U.S. Real Estate Index price |
| Minimum Tick Size: | 10 = $1,000.00 |
| Traded on: | Chicago Merchandise Exchange (CME) |
Naked options trading is very risky - many people lose money trading them. It is recommended contacting your broker or investment professional to find out about trading risk and margin requirements before getting involved into trading uncovered options.