Saxo’s FX Vanilla option offering provides the possibility to both buy and sell European style options, giving clients the opportunity to express a directional view in two different ways. FX options not only enable clients to express a directional trading view but also offer more alternatives in relation to controlling risk, in addition to a traditional stop loss order.

The holder of an option (long) pays a premium for the right to exercise the option at a profit, or let the option expire with no further obligation. The writer of an option (short) receives the premium and assumes the possible liability of having to pay the difference between the strike price and market price at maturity.

The pricing model Saxo applies for FX Vanilla options is based on the Black-Scholes model. The price is calculated in pip terms of the 2nd currency. Pricing is available for options with maturities from 1 day to 12 months, providing you with maximum flexibility to implement your trading strategies and market views. 

可供交易44组货币对，包括白银和黄金。

电子报价最大金额为2500万个基础货币单位，最小交易规模为1万个单位。名义金额超过电子报价最大金额时，可以询价（RFQ）交易。

注：市场不稳定或流动性较低时，电子报价最大金额可能在未经事先通知的情况下而更改。

按照第二货币的点数计算。购买期权时，最大的损失是支付的权利金，但卖出期权时，卖方获得权利金并承担无限的风险和损失。

欧式期权（期权只能在到期日当天行权，即只能在预定的时间行权）。

在盛宝的平台上期权将自动到期，无需人工操作。如果期权是实值期权，那会按照预定好的行权方式自动行权（下文将详述），否则期权将自动于美东时间（纽约时间）到期日的10:00到期作废。

下单时您可以选择到期时是实值期权的行权方式。期权后可转换为现货头寸或现金结算。现金结算方法适用于多头和空头头寸，并将以该货币对当时的中间价结算，即使在市场动荡时也适用。行权方式在到期前一小时之前都可以修改。

保证金要求每个货币对，根据到期日与外汇即期分级保证金挂钩。点击此处，详细了解保证金。