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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (2009)	7/27/1998 2:54:00 PM
From: Lost in New York	Read Replies (1) \| Respond to of 6439

What is the significance of the "AF", "AH" and "AJ" at the end? I am guessing that the second letter denotes $5 increments -- A equals $5, B -- $10... F -- $30... J -- $50 and so on. Is that right? But what does the first letter stand for? Please let me know. Good guess on the strike prices. It also wraps so $105 is A $110 is B ... etc. The first letter indicates that it's a Jan Call(Jan 2001.) Jan-Dec calls are A thru L and Jan-Dec Puts are M thru X Dave More info at the CBOE site:http://www.cboe.com/index.html