Welcome to NASDAQtrader.com for Options and Futures
Search:
   

Thursday, February 15, 2018

Options Trader Alert #2018 - 9
Nasdaq ISE, BX Options, and NOM Introduce Monday Weekly Expirations For SPY Options

Category:

  • Listing

Markets Impacted:

Contact Information:

Resources:

Nasdaq ISE (ISE), Nasdaq BX Options (BX), and the Nasdaq Options Market (NOM) will expand the Short Term Option Series Program to list for trading options series on the SPDR S&P 500 ETF Trust (SPY) which expire on Mondays.

Listing of Monday SPY Expirations

On February 16, 2018, ISE, BX, and NOM will list Monday SPY Expirations for trading with the following expiration dates:

  • February 26, 2018
  • March 5, 2018
  • March 12, 2018
  • March 19, 2018
  • March 26, 2018

The next listing date will be February 23, 2018, where ISE, BX, and NOM will list Monday SPY Expirations with an expiration date of April 2, 2018.

Monday SPY Expirations will be listed for trading on any Friday that is a business day. If a Friday is not a business day, the series may be opened on the first business day immediately following that Friday. As with SPY Wednesdays, ISE, BX, and NOM may list up to five consecutive and no more than five total Monday SPY Expirations at one time.

Trading Hours

Regular trading hours will be 9:30 a.m. to 4:15 p.m. Eastern.

Expiration

ISE, BX, and NOM may list Monday SPY Expirations in the same week in which monthly, Friday weekly, and Wednesday weekly option series in SPY expire. ISE, BX, and NOM will not list Monday SPY Expirations on a Monday in which Quarterly Options Series already exist. If the Monday in which the series expires is not a business day, the series shall expire on the first business day immediately following that Monday.

Strike Intervals

The minimum interval between strike prices for Monday SPY Expirations will be $0.50, the same as for current options within the Short Term Options Series Program.

For a complete description of Monday SPY Expirations, please see SR-ISE-2018-13, SR-BX-2018-008, and SR-NASDAQ-2018-011.

Additional Exchange Listings

Monday SPY Expirations will be listed on PHLX, also beginning Friday, February 16, as previously announced in OTA 2018-5.

Pending SEC action, Nasdaq GEMX and Nasdaq MRX will list SPY Monday Expirations.

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile