DJT Trading - (Investment Research)
Options & Futures Trading - Dow Jones Transports Index
DTX is the symbol for options based on the Dow Jones Transports index (DTX, DJT, DQ). The DTX is a price-weighted index of 20 of the largest, most liquid NYSE and NASDAQ transportation related stocks. The Dow Jones Transports index option contract is based on 1/100th (one-one-hundredth) of the current value of the Dow Jones Transports. So, for example, when DTX is at 2,500, the Dow Jones Transports level will be 25.
Dow Jones Index Options Contracts & Futures Trading Contracts
|Securities||Issuer||Type||Symbol / Root|
|Dow Jones Transportation Average||CBOE||Options||DTX|
|Dow Jones Transportation Average LEAPS||CBOE||Options||DTX|
|Dow Jones Transportation Average||CME||Futures||DQ/DV|
Dow Jones Transports Futures Contracts
The CBOT Dow Jones Transports index futures trading contract allows a broad sector of market participants to hedge commodity and inflation exposure and achieve portfolio diversification through a standardized futures trading contract. Designed to be a highly liquid and diversified benchmark for commodities as an asset class, the Dow Jones Transports index is a unique product that focuses on the transportation sector of the US economy. Unlike other commodity indexes, the Dow Jones Transports index emphasizes the economic significance of its components. Calculation of the index relies primarily on liquidity data, as well as production data, to determine its component weightings.