Yujin Investment & Futures, Event Celebrating the Launch of US Stock Options Trading Service

[Photo by Eugene Investment & Futures]

[Asia Economy Reporter Lee Jung-yoon] Eugene Investment & Securities' subsidiary Eugene Investment Futures announced on the 13th that it will hold events such as a $50 trading support fund to commemorate the opening of its U.S. stock options trading service.

The event will run until December 30, and any individual customer with an overseas derivatives account at Eugene Investment Futures can participate. First, during the event period, customers who trade just one contract of U.S. stock options will receive a $50 trading support fund. Additionally, customers participating in the event will receive a discounted commission of $2.5 per contract for three months from the trading date when trading options. Lastly, these customers will be provided with free real-time quotes for U.S. stock options and stocks worth $2.25 per month for one year.

U.S. stock options refer to options based on individual stocks and exchange-traded funds (ETFs) listed on U.S. stock exchanges. Eugene Investment Futures launched the U.S. stock options trading service on the 29th of last month, becoming the first domestic futures company to do so.

The currently tradable stock option items include 50 popular stocks among domestic U.S. stock and ETF investors (such as Apple, Tesla, Amazon, Google, AMD, NVIDIA, SPY, TQQQ, QQQ, SOXL, etc.). The value of one stock option contract is 100 shares of the underlying asset, and the trading hours are from 10:30 PM to 5:00 AM the next day, Korean Standard Time, which corresponds to the main U.S. stock market hours.

Park Young-seok, head of the retail sales team at Eugene Investment Futures, said, "U.S. stock options are financial products that are very popular among the U.S. MZ generation. Since stock options provide profit opportunities in both rising and falling stock prices, investment strategies should consider not only price direction but also volatility."

He added, "Weekly options with short maturities have very low premiums, so they are expected to be financial products that meet the needs of domestic investors in U.S. stocks, ETFs, and equity-linked warrants (ELWs) who want to invest using leverage."

This content was produced with the assistance of AI translation services.