To: Scumbria who wrote (2639 ) 7/28/2000 10:48:25 AM From: milo_morai Read Replies (1) | Respond to of 275872 Scumbria RMBS isn't part of the SOX from what I know these are the 16 Companies Semiconductor Sector (SOX/SXE) Options Start Date: 09/07/1994 (12/01/1993 = 200 (split two-for-one on 07/24/1995)) Ticker Symbol: Exchange: SOX (American-style), SXE (European-style) (Alternate Symbols: SOP, SOW, SOY (American-style), SXO, SXW (European-style)) Settlement Value Symbol: SX (for both American & European) CUSIP® Number: SOX - 692982, SXE - 69333W Trading Hours: 9:30 a.m. to 4:02 p.m. ET (Philadelphia Time) Premium Quotation: One point = $100. Thus a premium quote of 2 is $200. The minimum change in a premium under 3 is 1/16 ($6.25) and the minimum change in a premium of 3 or greater is 1/8 ($12.50). Index Multiplier: $100 (i.e., one contract = index value x 100) Position Limit: 12,000 contracts on the same side of the market. (SOX and SXE are aggregated for position limit purposes). Hedge exemptions are available. Margin: Uncovered writers must deposit 100% of the option proceeds plus 20% of the aggregate contract value (current index level multiplied by $100) minus the amount by which the option is out-of-the-money, if any. Minimum margin is 100% of the option proceeds plus 10% of the aggregate contract value. Long puts or calls must be paid for in full. Index Value Calculation: Sum of Component Prices Base Market Divisor Strike (Exercise) Price Interval: Five points. An additional strike price is added when the value of the index touches the next highest or lowest existing strike price. Last Trading Day for Expiring Contracts: Thursday before the third Friday of the expiration month. Expiration Date: Saturday following the third Friday of the expiration month. Expiration Cycle: Three months from the March, June, September, December cycle plus two additional near-term months (five months at all times) Exercise Style: American - may be exercised on any business day before the expiration date. European - may be exercised only on the last business day before expiration. Settlement: Cash Settlement Value for Expiring Contracts: Based on the opening prices of the component stocks on the last trading day prior to expiration (usually a Friday). The settlement value is disseminated under the symbol SX. -------------------------------------------------------------------------------- Component Issues AMD ADI AMAT INTC LRCX LSI LSCC LLTC Advanced Micro Devices, Inc. Analog Devices, Inc. Applied Materials, Inc. Intel Corporation LAM Research Corp. LSI Logic Corporation Lattice Semiconductor Corp. Linear Technology Corp. MU MOT NSM NVLS TER TXN VLSI XLNX Micron Technology, Inc. Motorola, Inc. National Semiconductor Corp. Novellus Systems, Inc. Teradyne, Inc. Texas Instruments Inc. VLSI Technology, Inc. XILINX, Inc. Did someone lose out to RMBS?