Options Trading in Forex

I don't see an active thread on options trading. I want to start one with a focus on forex options.

First off:
does anyone know how premium payouts work when writing/selling an option? I am experimenting with the Saxo Bank demo platform. I've written a few options but have not received the premium. Something to do with expiry and valuation dates?
I've found a lot of good information at:
www.theoptionsguide.com
and
www.investopedia.com
but nothing on specifics like payouts.
Thanks.

I've discovered that Saxo options are European style, which I believe explains why I have to wait for them to expire.

Are American-style options offered for Forex? On a regulated exchange or over the counter? Most of this is new to me. General thoughts/preferences welcome too.

There are plenty of brokers that allow you to do this. I can't mention any because I don't think I'm permitted to in this forum, but you'll be able to find plenty using Google.

We've been going over brokers in another thread.
http://www.forexfactory.com/showthread.php?p=4317204

if you have some suggestions, I would go ahead and list them.

Well, You can trade the options on currency futures.....They are traded on GLOBEX and both American style and European style are available...

Weekly options are available too....

The below link will take you directly to the options on EUR/USD futures...

http://www.cmegroup.com/trading/fx/g...3#prodType=AME


Regards,

Nader

Thanks. So CME only does 6 month contracts? I'm confused as to how I actually trade these also... The "View product and vendor codes" link takes me to an overwhelming list of stuff.