Options Trading - underlying index value difference
Hello,
Apologies in advance if this query is already answered somewhere, but i cant find it in this forum, hence asking again.
I'm new to the IG platform and trying to understand the various markets and their prices in this Platform.
As i browse the options chain for FTSE100 on Nov 24, i notice that the underlying FTSE100 index value is different in options chain with varied maturity.
for example, at 10:54 AM
Daily 24 Nov FTSE100 index value - 7482.3
Weekly 25 Nov FTSE100 index value - 7485.3
Monthly 16 Dec FTSE100 index value - 7497.3
if the underlying index is same, how come the index values is different for each market at any given point of time?
Please suggest.
Thanks for your help.