| Family | Contract | Underlying | Day trade reduction | Settlement fee |
|---|---|---|---|---|
| Options on IDI | Call and Put options on OneDay Interbank Deposit Rate Index | IDI | 70% | N/A |
| Spot Interbank Deposit Rate Volatility | VID | N/A |
Calculation formulas
Contract factor table
| Months to expiration | Contract factor |
|---|---|
| 1 | 0.02 |
| 2 | 0.05 |
| 3 | 0.09 |
| 4 | 0.13 |
| 5 | 0.17 |
| 6 | 0.20 |
| 7 | 0.24 |
| 8 | 0.27 |
| 9 | 0.31 |
| 10 | 0.34 |
| 11 | 0.38 |
| 12 | 0.41 |
Structure weight table
| Legs | Structure weight | |
|---|---|---|
| From | To | |
| 1 | 1.99 | 1 |
| 2 | 2.99 | 0.85 |
| 3 | 3.99 | 0.80 |
| Above 4 | 0.75 | |
Price table by volume
| ADV | Single Fee (BRL) | |
|---|---|---|
| From | To | |
| 1 | 5,000 | 1.00 |
| Above 5,000 | 0.25 | |
Options exercise
The options exercise will be charged as a transaction with the corresponding asset, with one leg.
