Options to be traded on Iran Capital Market soon!
After all, options, one of the most widely used risk management instruments worldwide, are to be traded on Iran Capital Market from next week on. The positions will be open for anyone to take, yet on the “put” side only major shareholders and mutual fund managers can bid. Limited European options on selected shares and commodities would be tested on the first step before the American style get introduced. The commission and fees are similar to future gold coin contracts and on the development stage it would be only for brokerages to collect. The expiration date on stock and commodity options would be in 2 and 1 months respectively and a couple of exercise prices for them has be considered. The new instruments would be exempted from tax (only in case of being exercised tax shall be paid) and price fluctuation limit.