The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we are going to be talking about the easy guide to understanding E-mini S&P 500 futures contracts and basically just trying to walk you through a little bit of understanding of how these contracts work, how they’re structured and what you need to know about them if you're going to start using them for trading purposes, not only on the futures side, but also on the option side. Again, it’s going to be a very basic introduction to these E-mini futures just so you have a little bit of understanding of the history behind them, why they're available and kind of the specifics of the contract. Again, the reason that these eventually came out and I think they came out in like late 90s or something like that. I’m not sure exactly the exact time, but around the late 90s or so. The contract size of the regular S&P 500 contract just got to be a little bit too big, so what we ended up seeing is we ended up seeing the