🎯 Why is the $81,330 "Settle Price" crucial?
In institutional derivatives markets, the Settle Price (settlement price) is not the price of the last tick shown on screen, but a volume-weighted average over the closing window.
Recorded settlement price: $81,330.00 USD.
Last quoted price on screen: $81,090 USD (Micro) / $81,460 USD (Standard).
This value determines the daily margin adjustments (Mark-to-Market) for investment funds and sets the base price for calculating the options' intrinsic value at expiration.
In institutional derivatives markets, the Settle Price (settlement price) is not the price of the last tick shown on screen, but a volume-weighted average over the closing window.
Recorded settlement price: $81,330.00 USD.
Last quoted price on screen: $81,090 USD (Micro) / $81,460 USD (Standard).
This value determines the daily margin adjustments (Mark-to-Market) for investment funds and sets the base price for calculating the options' intrinsic value at expiration.