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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (98507)4/14/2003 8:46:15 AM
From: Don Lloyd  Read Replies (1) | Respond to of 132070
 
KT,

Note from Schwab --

"[08:42:55 AM] Important notice regarding last day to trade April 2003 Options. Options officially "expire" on the Saturday following the third Friday of the month. In April, due to an exchange holiday on Friday April 18th, the last day to trade expiring options will be one day earlier than normal. Equity and Index options that typically trade on Friday will stop trading on Thursday April 17th. The settlement value for these contracts will be based on Thursday's closing prices. The deadline for exercise instructions will be Thursday April 17th at 5:00 PM EST. Index options that normally stop trading at Thursday's close with settlement values based on Friday morning's opening prices will stop trading on Wednesday April 16th. The settlement values of these indexes will be calculated based on Thursday morning's opening prices. Please call your dedicated Schwab Team if you have any questions."

Regards, Don