A Bunker Swap or CALL or PUT option is like an FFA/Option Trade except that it references a different market.
Bunker Swap contracts are valued against the quoted forward rates for the bunker symbol underlying the trade. Bunker Swap Options are not being automatically valued against the underlying routes. Instead, you can create a Market for Bunker Options in which the Option Symbols can be quoted. Each Bunker Swap Option contract will have a unique Option Symbol automatically generated. On the Market Data form, the quoted values of the trades can be recorded for each Option Symbol.
In the Trading module center 
, under Trades, click Bunker Swap/Option.
The Bunker Swap/Option Trade form is the same except:
- The Index is always Bunker Symbol and, instead of a Route, you select the Symbol.
- You can enter either the Volume/Month or Total Volume; IMOS calculates the other value.
- The Settlement Rate is taken from the Bunker Market Rate.
Copying a Bunker Swap-Option
To copy a Bunker Swap-Option, click 
. Enter the number of copies and then click Create. Edit line items for the copies as needed and then click OK.
Linked Bunker Swaps
You can link Bunker Swaps to voyages to show the gain or loss when a Bunker Swap is used to hedge against bunker exposure of contracts. You can link a Bunker Swap to a Cargo or a Time Charter Out at any point during the contract, before or after scheduling it. To open the linked contract, right-click a line on the Exposure or Settlement tab and click See Linked Contract.
Bunker Swap List
All Bunker Swaps appear on the Bunker Swap List. In the Chartering module center 
, next to Bunker Swap, click List.
The FFA/Option List is a standard IMOS list, so you can sort it, filter it, do a Quick Search, and create custom Views for it.
In the Bunker Swap List, you can select multiple Bunker Swaps and confirm at once by clicking the Confirm trade(s) link.