Interesting...I wonder if anything can be inferred by this....
-scott
-------------------
Subject:
CBOE adds Jan. 2000 Index Options early
Date:
Mon, 19 Apr 1999 16:28:29 -0400
From:
xxxxxxxxxxxxxx
To:
"Omega List" <omega-list@eskimo.com>
I just received this notice from the CBOE and thought it might be of some use to
others on the list
CBOE to Add January 2000 (Y2K) Expiration Options on OEX, SPX, DJX and NDX
Indexes in Response to Customer Demand
CHICAGO, April 19, 1999 -The Chicago Board Options Exchange (CBOE) announced
that it will add options that expire in January, 2000 to its most actively
traded index products beginning today. Options are often used to hedge portfolio
risk or to lock in profits in volatile markets and the January 2000 expiration
options will provide investors with an investment alternative that specifically
covers the roll into the year 2000 (Y2K).
CBOE elected to list the January expiration options earlier than anticipated to
accommodate investors who have already begun to plan strategies using options to
address Y2K.
CBOE is adding the January expiration to the Standard and Poor's 100® Index
options (OEX®), Standard & Poor's 500 Index® options (SPX), Options on the Dow
Jones Industrial Average IndexSM (DJX) and the Nasdaq-100 Index® options (NDX),
and are in addition to the December, 1999 and March 2000 expiration options
currently available. January expiration options are also available in most stock
options traded at CBOE. The expiration date for January options is Saturday,
January 22, 2000 with the last trading day occurring the preceding Thursday or
Friday.
The ticker symbols for OEX January, 2000 expiration options are OEY for strike
prices 600, 620, 640, 660 and 680, and OEZ for strike prices 700, 720, 740, 760,
and 780. (Strike prices will change as the underlying index changes.)
The ticker symbols for SPX January 2000 expiration options are SZP for strike
prices 1250 and 1275, SXY for strike prices 1300, 1325, 1350 and 1375, and SXZ
for strike prices 1400, 1425 and 1450. (Strike prices will change as the
underlying index changes.)
The ticker symbols for DJX January 2000 expiration options are DJX for 76, 80,
84 and 88, DJV for strike prices 90, 92, 96, 100, 104, 108, 110, 112 116 and
120. (Strike prices will change as the underlying index changes.)
The ticker symbols for NDX January, 2000 expiration options are NDP for the 1800
strike, NDR for the 1900 strike, NDT for the 2020 strike , NDF for the 2100
strike, NDV for the 2200 strike and NDY for the 2300 strike. (Strike prices will
change as the underlying index changes.)
CBOE, regulated by the Securities and Exchange Commission (SEC), is the pioneer
of listed options and the world's largest options marketplace. For additional
information about the CBOE, its products and trading strategies, access the CBOE
site on the World Wide Web at cboe.com.
For a historical listing of CBOE Press Releases, visit the following web
address: cboe.com.
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