Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: ---------- who wrote (558)	1/15/1998 12:08:00 AM
From: Madpinto	Read Replies (3) \| Respond to of 2241

You're close Doug. Equity options use to trade until 4:10 pm et, but too often news would come out after the close and the market makers would be unable to hedge their trades with stock. The options close now at 4:02 pm et to allow for any late prints on the stock. Options open with an "opening rotation" as soon as the stock has started trading, but no earlier than 9:30 am et. Incidentally, index options close at 4:15 pm et coinciding with the close of the S&P 500 futures contract.