Service Navigation

EURO STOXX® Banks Options

EURO STOXX® Banks Options (OESB)

Product ISIN
DE0007923518
Underlying ISIN
EU0009658426
Currency
EUR

Latest

Prices/Quotes

Displayed data is 15 minutes delayed.Last trade:Aug 04, 2020 6:43:34 PM

Strike priceVers. num.Opening priceHighLowBid priceBid volAsk priceAsk volDiff. to prev. day lastLast priceDateTimeDaily settlem. priceTraded contractsOpen interest (adj.)Open interest dateLast trading day
85.00 0 n.a. n.a. n.a. n.a. n.a. 0.05 n.a. +0.00% 0.05 08/04/2020 18:43:34 0.05 0 15,435 07/07/2020 n.a.
82.50 0 n.a. n.a. n.a. n.a. n.a. 0.05 n.a. +0.00% 0.05 08/04/2020 18:43:34 0.05 0 150 06/04/2020 n.a.
80.00 0 n.a. n.a. n.a. 0.05 n.a. 0.10 n.a. +0.00% 0.05 08/04/2020 18:43:34 0.05 0 80,347 07/31/2020 n.a.
77.50 0 n.a. n.a. n.a. n.a. n.a. 0.10 n.a. +0.00% 0.05 08/04/2020 18:43:34 0.05 0 21,315 07/16/2020 n.a.
75.00 0 n.a. n.a. n.a. n.a. n.a. 0.15 n.a. +0.00% 0.05 08/04/2020 18:43:34 0.05 0 66,969 07/31/2020 n.a.
72.50 0 n.a. n.a. n.a. 0.05 n.a. 0.15 n.a. +0.00% 0.10 08/04/2020 18:43:34 0.10 0 71,912 07/31/2020 n.a.
70.00 0 n.a. n.a. n.a. 0.15 n.a. 0.25 n.a. +33.33% 0.20 08/04/2020 18:43:34 0.20 0 115,210 08/03/2020 n.a.
67.50 0 n.a. n.a. n.a. 0.30 n.a. 0.40 n.a. +16.67% 0.35 08/04/2020 18:43:34 0.35 0 60,499 08/04/2020 n.a.
65.00 0 n.a. n.a. n.a. 0.65 n.a. 0.80 n.a. +36.36% 0.75 08/04/2020 18:43:34 0.75 1,500 27,398 08/04/2020 n.a.
62.50 0 n.a. n.a. n.a. 1.40 n.a. 1.60 n.a. +36.36% 1.50 08/04/2020 18:43:34 1.50 0 18,508 08/04/2020 n.a.
60.00 0 n.a. n.a. n.a. 2.70 n.a. 2.90 n.a. +33.33% 2.80 08/04/2020 18:43:34 2.80 0 1,153 08/03/2020 n.a.
57.50 0 n.a. n.a. n.a. 4.35 n.a. 4.75 n.a. +27.40% 4.65 08/04/2020 18:43:34 4.65 0 1 07/17/2020 n.a.
55.00 0 n.a. n.a. n.a. 6.40 n.a. 7.00 n.a. +21.43% 6.80 08/04/2020 18:43:34 6.80 0 2 07/17/2020 n.a.
52.50 0 n.a. n.a. n.a. 8.65 n.a. 9.45 n.a. +16.56% 9.15 08/04/2020 18:43:34 9.15 0 0 05/18/2020 n.a.
50.00 0 n.a. n.a. n.a. 11.05 n.a. 11.90 n.a. +13.24% 11.55 08/04/2020 18:43:34 11.55 0 0 05/18/2020 n.a.
47.50 0 n.a. n.a. n.a. 13.45 n.a. 14.40 n.a. +10.67% 14.00 08/04/2020 18:43:34 14.00 0 0 05/18/2020 n.a.
45.00 0 n.a. n.a. n.a. 15.90 n.a. 16.90 n.a. +9.27% 16.50 08/04/2020 18:43:34 16.50 0 0 05/18/2020 n.a.
42.50 0 n.a. n.a. n.a. 18.30 n.a. 19.45 n.a. +7.95% 19.00 08/04/2020 18:43:34 19.00 0 0 05/18/2020 n.a.
40.00 0 n.a. n.a. n.a. 20.75 n.a. 21.95 n.a. +6.98% 21.45 08/04/2020 18:43:34 21.45 0 0 05/18/2020 n.a.
37.50 0 n.a. n.a. n.a. 23.20 n.a. 24.50 n.a. +6.21% 23.95 08/04/2020 18:43:34 23.95 0 0 05/18/2020 n.a.
35.00 0 n.a. n.a. n.a. 25.75 n.a. 26.95 n.a. +5.59% 26.45 08/04/2020 18:43:34 26.45 0 0 05/18/2020 n.a.
Total 1,500 478,899

Statistics

Data is forAug 4, 2020   Last update:Aug 05, 2020 12:00:00 AM

Product type:
O
Stock exchange:
n/a
Underlying closing price:
61.44
Product nameContract typeExpiryTraded contractsPut/Call ratioOpen interestOpen interest (adj.)Strike price rangeStrike price series
OESB Aug 2014,4440.050625,585620,11635/8549
 CALLAug 2013,760 484,140478,899  
 PUTAug 20684 141,445141,217  
OESB Sep 203,1920.1041,520,1941,519,30615/12060
 CALLSep 202,892 968,857967,669  
 PUTSep 20300 551,337551,637  
OESB Oct 2016,0100.99970,82254,81235/9022
 CALLOct 208,010 60,27852,268  
 PUTOct 208,000 10,5442,544  
OESB Dec 203,8600.0433,629,4863,626,03720/30034
 CALLDec 203,700 1,940,6501,937,351  
 PUTDec 20160 1,688,8361,688,686  
OESB Mar 213,5480.398388,928386,41815/10518
 CALLMar 212,538 261,383259,883  
 PUTMar 211,010 127,545126,535  
OESB Jun 211,0000.0001,020,3851,019,38520/12022
 CALLJun 211,000 622,061621,061  
 PUTJun 210 398,324398,324  
OESB Dec 218,000n/a1,553,8331,551,83310/14027
 CALLDec 210 829,329829,329  
 PUTDec 218,000 724,504722,504  
OESB Jun 220n/a37,08037,08020/12016
 CALLJun 220 21,84621,846  
 PUTJun 220 15,23415,234  
OESB Dec 220n/a1,076,3961,076,39620/14025
 CALLDec 220 536,980536,980  
 PUTDec 220 539,416539,416  
OESB Jun 230n/a0020/1407
 CALLJun 230 00  
 PUTJun 230 00  
OESB Dec 230n/a668,125668,12520/18020
 CALLDec 230 333,575333,575  
 PUTDec 230 334,550334,550  
OESB Dec 240n/a61,03061,03020/16015
 CALLDec 240 27,53027,530  
 PUTDec 240 33,50033,500  
Total  50,0540.56910,651,86410,620,538  
 Call 31,900 6,086,6296,066,391  
 Put 18,154 4,565,2354,554,147  

Vendor Codes

Vendor NameVendor Code
Bloomberg L.P.SX7E Index OMON
ComStock<17>l,OESB\myssssss
CQG#NV
FIDES Information ServicesO,OESB
SIX Financial Information LtdOESB
Thomson FinancialOESB/O.EX*
thomsonreuters<0#FESB*.EX>

Trading

Contract Specifications

Version : 22 Sep 2014

Contract standards

EURO STOXX® Sector Index OptionsProduct IDEURO STOXX® Sector Underlying
Automobiles & Parts OptionsOESAAutomobiles & Parts Index
Banks OptionsOESBBanks Index
Basic Resources OptionsOESSBasic Resources Index
Chemicals OptionsOESCChemicals Index
Construction & Materials OptionsOESNConstruction & Materials Index
Financial Services OptionsOESFFinancial Services Index
Food & Beverage OptionsOESOFood & Beverage Index
Health Care OptionsOESHHealth Care Index
Industrial Goods & Services OptionsOESGIndustrial Goods & Services Index
Insurance OptionsOESIInsurance Index
Media OptionsOESMMedia Index
Oil & Gas OptionsOESEOil & Gas Index
Personal & Household Goods OptionsOESZPersonal & Household Goods Index
Real Estate OptionsOESLReal Estate Index
Retail OptionsOESRRetail Index
Technology OptionsOESYTechnology Index
Telecommunications OptionsOESTTelecommunications Index
Travel & Leisure OptionsOESVTravel & Leisure Index
Utilities OptionsOESUUtilities Index


Settlement

Cash settlement, payable on the first exchange day following the final settlement day.


Contract values, price gradations and contract months

ContractContract valueMinimum price changeContract months
PointsValue
EURO STOXX® Sector Index Options 
(OESS, OESC, OESN, OESF, OESO, OESH,
OESG, OESM, OESZ, OESL, OESR,
OESY, OESV)
EUR 500.1EUR 524
EURO STOXX® Sector Index Options
(OESA, OESI, OESE, OEST, OESU)
EUR 500.1EUR 560
EURO STOXX® Banks Options (OESB)EUR 500.05EUR 2.5060


Up to 24 months: The three nearest successive calendar months, the three following quarterly months of the March, June, September and December cycle thereafter, and the two following semi-annual months of the June and December cycle thereafter.

Up to 60 months: The three nearest successive calendar months, the three following quarterly months of the March, June, September and December cycle thereafter, the four following semi-annual months of the June and December cycle thereafter and the two following annual months of the December cycle thereafter.


Last trading day and final settlement day
Last trading Day is the final settlement day.

Final settlement day is the third Friday of each expiration month if this is an exchange day; otherwise the exchange day immediately preceding that day.

Close of trading in the expiring option series on the last trading day is at 12:00 CET.


Daily settlement price

The daily settlement price is established by Eurex. The daily settlement prices for equity index options (as well as Weekly Options) are determined through the Black/Scholes 76 model. If necessary, dividend expectations, current interest rates or other payments are taken into consideration.


Final settlement price
The Final settlement price is established by Eurex on the final settlement day of the contract and is based on the average of the respective STOXX® Index values calculated between 11:50 and 12:00 CET.


Exercise
European-style; an option can only be exercised on the final settlement day of the respective option series until the end of the Post-Trading Full Period (20:30 CET).


Exercise prices

ContractExercise price intervals in index points for contract months with a remaining lifetime of
≤ 3 months4-12 months13-24 months25-36 months> 36 months
EURO STOXX® Sector Index Options (OESS, OESC, OESN, OESF, OESO, OESH, OESG, OESM, OESZ, OESL, OESR, OESY, OESV)51020--
EURO STOXX® Sector Index Options (OESA, OESI, OESE, OEST, OESU)510205050
EURO STOXX® Banks Options (OESB)2.55102020

 

Number of exercise prices

Upon the admission of the options, at least seven exercise prices shall be made available for each due date with a term of up to 24 months for each call and put, such that three exercise prices are in-the-money, one is at-the-money and three are out-of-the-money.

Upon the admission of the options, at least five exercise prices shall be made available for each due date with a term of more than 24 months for each call and put, such that two exercise prices are in-the-money, one is at-the-money and two are out-of-the-money.


Option premium
The equivalent of the premium in points, payable in full in the currency of the respective contract on the exchange day following the day of the trade.

 

 

Further details are available in the clearing conditions and the contract specifications.

Trading Calendar

  • 01 Jan 2020
    Interest Rate Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | FX Derivatives | Volatility Derivatives | Exchange Traded Products Derivatives | Commodity Derivatives | Property Derivatives | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • 02 Jan 2020
    Equity Index Derivatives | Switzerland | Holiday

    Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives

  • 02 Jan 2020
    Fixed income derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Exchange Traded Products Derivatives | FX Derivatives | Switzerland | Holiday

    No cash payment in CHF

  • 06 Jan 2020
    Equity Index Derivatives | Finland | Holiday

    Eurex is closed for trading and exercise in Finnish equity index derivatives

  • 20 Jan 2020
    Equity Derivatives | Equity Index Derivatives | Bloomberg | Gold Derivatives | Silver Derivatives | Exchange traded commodities derivatives | FX Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 17 Feb 2020
    Equity Derivatives | Equity Index Derivatives | Bloomberg | Gold Derivatives | Silver Derivatives | Exchange traded commodities derivatives | FX Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 10 Apr 2020
    Interest Rate Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Volatility Derivatives | FX Derivatives | Exchange Traded Products Derivatives | Commodity Derivatives | Property Derivatives | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • 13 Apr 2020
    Interest Rate Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | FX Derivatives | Volatility Derivatives | Exchange Traded Products Derivatives | Commodity Derivatives | Property Derivatives | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • 01 May 2020
    Interest Rate Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | FX Derivatives | Volatility Derivatives | Exchange Traded Products Derivatives | Commodity Derivatives | Property Derivatives | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • 21 May 2020
    Equity Index Derivatives | Finland | Holiday

    Eurex is closed for trading and exercise in Finnish equity index derivatives

  • 21 May 2020
    Equity Index Derivatives | Switzerland | Holiday

    Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives

  • 21 May 2020
    Fixed income derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Exchange Traded Products Derivatives | FX Derivatives | Switzerland | Holiday

    No cash payment in CHF

  • 25 May 2020
    Equity Derivatives | Equity Index Derivatives | Bloomberg | Gold Derivatives | Silver Derivatives | Exchange traded commodities derivatives | FX Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 01 Jun 2020
    Equity Index Derivatives | Germany | Holiday

    Eurex is closed for trading and exercise in German equity index derivatives; exceptions: trading in FDAX, F2MX, FDIV, FTDX and FDXM takes place.

  • 01 Jun 2020
    Equity Index Derivatives | Switzerland | Holiday

    Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives

  • 01 Jun 2020
    Equity Index Derivatives | Austria | Holiday

    Eurex is closed for trading and exercise in Austrian equity index derivatives

  • 01 Jun 2020
    Fixed income derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Exchange Traded Products Derivatives | FX Derivatives | Switzerland | Holiday

    No cash payment in CHF

  • 18 Jun 2020
    Equity Index Derivatives | Finland | Last Trading Day

    Last Trading Day for Finnish equity index derivatives

  • 19 Jun 2020
    Equity Index Derivatives | Finland | Holiday

    Eurex is closed for trading and exercise in Finnish equity index derivatives

  • 07 Sep 2020
    Equity Derivatives | Equity Index Derivatives | Bloomberg | Gold Derivatives | Silver Derivatives | Exchange traded commodities derivatives | FX Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 12 Oct 2020
    Equity Derivatives | Equity Index Derivatives | Bloomberg | Exchange traded commodities derivatives | FX Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 26 Oct 2020
    Equity Index Derivatives | Austria | Holiday

    Eurex is closed for trading and exercise in Austrian equity index derivatives

  • 11 Nov 2020
    Equity Derivatives | Equity Index Derivatives | Bloomberg | Exchange traded commodities derivatives | FX Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 26 Nov 2020
    Equity Derivatives | Equity Index Derivatives | Bloomberg | Gold Derivatives | Silver Derivatives | Exchange traded commodities derivatives | FX Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 24 Dec 2020
    Volatility Derivatives | Property Derivatives | FX Derivatives | Interest Rate Derivatives | Equity Index Derivatives | Exchange Traded Products Derivatives | Equity Derivatives | Dividend Derivatives | Commodity Derivatives | Holiday

    Eurex is closed for trading in all derivatives

  • 25 Dec 2020
    Interest Rate Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | FX Derivatives | Volatility Derivatives | Exchange Traded Products Derivatives | Commodity Derivatives | Property Derivatives | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • 31 Dec 2020
    Commodity Derivatives | Dividend Derivatives | Equity Derivatives | Exchange Traded Products Derivatives | Equity Index Derivatives | Interest Rate Derivatives | Property Derivatives | FX Derivatives | Volatility Derivatives | Holiday

    Eurex is closed for trading in all derivatives

Trading Hours

Regular Trading Day
Pre-TradingTradingPost-Trading
FullLate1Late2Restricted
07:3008:5017:3019:0020:30
Last Trading Day
Pre-TradingTradingPost-Trading
FullLate1Late2Restricted
07:3008:5012:0019:0020:3020:30

Transaction Fees

Fee TypeFee
Exchange transactions: Standard fees (A-accounts)EUR 0.33 per contract
Exchange transactions: Standard fees (M- and P-accounts)EUR 0.30 per contract
Exchange transactions: Reduced fees A-accounts (contract volume above threshold)EUR 0.17 per contract
Exchange transactions: Reduced fees P-accounts (contract volume above threshold)EUR 0.15 per contract
TES transactions: Standard fees (A-accounts)EUR 0.35 per contract
TES transactions: Standard fees (M- and P-accounts)EUR 0.30 per contract
TES transactions: Reduced fees A-accounts (contract volume above threshold)EUR 0.18 per contract
TES transactions: Reduced fees P-accounts (contract volume above threshold)EUR 0.15 per contract
Eurex EnLight: Standard fees (A-accounts)EUR 0.34 per contract
Eurex EnLight: Standard fees (M- and P-accounts)EUR 0.30 per contract
Eurex EnLight: Reduced fees A-accounts (contract volume above threshold)EUR 0.17 per contract
Eurex EnLight: Reduced fees P-accounts (contract volume above threshold)EUR 0.15 per contract
Non-disclosed bilateral TES transactions: Standard feesEUR 0.35 per contract
Non-disclosed bilateral TES transactions: Reduced fees A-accounts (contract volume above threshold)EUR 0.18 per contract
Non-disclosed bilateral TES transactions: Reduced fees P-accounts (contract volume above threshold)EUR 0.20 per contract
Eurex EnLight: Standard fees (Non-disclosure, A-accounts)EUR 0.34 per contract
Eurex EnLight: Standard fees (Non-disclosure, M- and P-accounts)EUR 0.35 per contract
Eurex EnLight: Reduced fees A-accounts (Non-disclosure, contract volume above threshold)EUR 0.17 per contract
Eurex EnLight: Reduced fees P-accounts (Non-disclosure, contract volume above threshold)EUR 0.20 per contract
Threshold A-accounts3,000.00 contracts
Threshold P-accounts2,000.00 contracts
Exercise of optionsEUR 0.33 per contract
Position transfer with cash transferEUR 7.50 per transaction

Block Trades

Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 3,000 contracts; the EnLight Minimum Block Trade Size is 3,000 contracts.

Parameters

Maximum Spreads

Bid up to (index points)

Maximum Spread

0 - 5.30.80 index points
5.4 - 53.315 %
> 53.38.00 index points

In Fast Market, the Maximum Spread is increased by 100 percent

Minimum Quote Size

200 contracts on the bid and ask side.

The minimum quote duration is 85 percent of the trading hours between 09:00 and 17:30 CET on a monthly average.
The first five expiration months have to be quoted.

In Fast Market, the minimum quote size is reduced by 50 percent.

Market Makers

Maturity Range for PMM/AMM

Maturity Range for PMM/AMM up to (months): 4

Maturity Range for PMM short up to (months): 4

Maturity Range for PMM long up to (months): 0

AMM Package ID

Admitted to the following Advanced Market-Making package(s):STXSO

Mistrade Ranges

Number of Expiration Months

Reference Price (Index Points)

Mistrade Range (Index Points)

0 - 80 - 5.30.80
5.4 - 53.315 %
> 53.38.00

For equity and equity index options, mistrade parameters will be doubled on the last trading day.

Mistrade ranges are doubled for expiries that are equal to or greater than the value displayed in the corresponding CSV file.

For the transactions in option contracts accomplished during a Stressed Market period, the mistrade ranges reduplicate.

Crossing Parameters

(section 2.6 Eurex Trading Conditions)

(1) Orders and quotes relating to the same instrument or combined instrument may, in case they could immediately be executed against each other, neither be entered knowingly by an Exchange Participant (a cross trade) nor pursuant to a prior understanding by two different Exchange Participants (a pre-arranged trade), unless the conditions according to Paragraph 3 have been fulfilled. The same shall apply for the entry of orders as part of a quote.

(2) An Exchange Participant may submit a description of his internal and external links to the EDP system of Eurex Deutschland to the Market Surveillance Office of Eurex Deutschland with a view to a decision on whether the Exchange Participant acted knowingly within the meaning of Paragraph 1. The details of the specifications of the description of the IT linkage pursuant to Sentence 1 shall be determined by the Surveillance Office of Eurex Deutschland in agreement with the Management Board of Eurex Deutschland.

(3) A cross trade or a pre-arranged trade is admissible if a participant in a cross-trade or a pre-arranged trade, prior to entering his order or quote into the EDP system of Eurex Deutschland, announces his intention to execute a corresponding number of contracts as cross-trades or pre-arranged trades in the order book (“cross request”). The order or quote giving rise to the cross trade or pre-arranged trade must be entered one second at the earliest and 61 seconds at the latest with regard to Money Market Futures contracts, Fixed Income Futures contracts, options on Money Market Futures contracts and options on Fixed Income Futures contracts, respectively 31 seconds at the latest with regard to all other futures and option contracts after having entered the cross request. The purchasing Exchange Participant shall bear the responsibility for compliance with the content of the cross request entry. Entering a cross request without subsequently entering the respective order or quote is not admissible.

(4) Paragraphs 1 and 3 shall not apply to transactions consummated during the netting process in an auction (Number 1.4 Paragraphs 2 and Paragraph 3).

(5) Paragraph 1 shall apply mutatis mutandis to other behaviour constituting evasion of this regulation.

 

Market Status

XEUR

-

-

Parts of the trading system are currently experiencing technical issues

The trading system is currently experiencing technical issues

Production newsboard

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.