How might DJX options be valuable to an individual investor?
One of its important uses could be as a portfolio hedging instrument. DJX can be an excellent tool for managing the risk/reward balance of a blue-chip U.S. stock portfolio, to the degree that it (or a segment thereof) matches the components and weighting in the Dow Jones Industrial Average. Also, the European exercise style means that you can rely on being allowed to hold your DJX options until expiration. And if you prefer to alter your position earlier, you are free to trade your DJX options on the open market, up to two business days before expiration.
