The SPIDO is a cash settled equity option contract with a life-cycle of just one day. It is based on spot month SFE SPI 200™ Index Futures. The SPIDO is the first equity intra-day option to join the unique and successful suite of Interest Rate One-Session Options products at SFE.
The SPIDO is a simple and easily understood product that enables traders to speculate or hedge one day movements in the Australian equity market. It has attracted strong interest from a variety of trader types due to its versatility and the numerous trading opportunities it creates.
More detailed information on the SPIDO - including trading strategies - is available on www.sfe.com.au/spido.
