• How to select the right DLC for your target exposure?


    There may be more than one DLC on the same underlying asset, direction and leverage so how do you select the right DLC for your target expsoure? Three factors to look at to select the right DLC: 1. Sensitivity of the DLC ; 2. Outstanding quantity of the DLC ; 3. Expiry date.  Based on these three factors, the DLC with a higher sensitivity, low outstanding quantity and far out expiry date would be an idea selection for investors to express their bullish or bearish view on the underlying index or single stock.