Monday, February 10, 2020
Options Trader Alert #2020 - 3
Nasdaq PHLX and Nasdaq ISE to launch NDXP Monday Weekly Expiries
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On Friday, February 21, 2020, Nasdaq PHLX (PHLX) and Nasdaq ISE (ISE) will commence the trading of NDXP “Monday Weeklies” – PM-settled options on the Nasdaq 100© Index with the following expiries:
As part of the Non-Standard Index Options Program, PHLX and ISE have been approved to list up to 5 continuous Monday expiries. New NDXP Monday Weeklies will be listed on Fridays. Like other NDXP options, NDXP “Monday Weeklies” are a series of the NDX options class. NDXP is PM-settled, that is, their exercise settlement value is based on the closing level of the Nasdaq 100 Index on the day the options expire - settlement value XQC: https://indexes.nasdaqomx.com/Index/History/XQC For further details on NDXP please review the NDXP Product Sheet Any questions about this memorandum may be directed to: Nasdaq Options Sales Team: (212) 401-8710 / sales@nasdaq.com or the Nasdaq Market Operations Desk: (215) 496-1571 / optionshelpdesk@nasdaq.com. |
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