Euronext has launched new European-style daily options that are settled at the end of the trading day on the CAC 40 index, enabling investors to execute short-term trading strategies and gain exposure to the main index of Euronext Paris.
Having been the first exchange in Europe to introduce daily options — with the launch of daily options on the AEX index in 2008 — Euronext has expanded its daily options offering to the CAC 40 index. Daily options enable the execution of short-term trading strategies and the flexibility to navigate and mitigate the impact of short-term market fluctuations. Investors can choose from a full range of maturities on France’s top blue-chip stocks in the central order book, going from daily to five years.
According to a press release, daily options on the CAC 40 offer high strategy agility through daily expiries and a range of strikes. Euronext describes daily options as “more cost-effective compared to longer-dated alternatives” due to their lower time value.
