| over ons |  disclaimer |  adverteren | contact |

 

Weekopties.nl

Weekly Options on US markets

 

Introduction

Weekly options are one-week index options as opposed to traditional long term index options, that have a longer lifetime, in general months or years. Weekly options (or weekly’s) were introduced in october 2005 by CBOE.

In general, weekly options have the same contract specifications as standard options, except for the time to expiration.

 

Classes

 

SPX Weeklys: One-week, European-style options on the S&P 500 index with Friday A.M. settlement (last day of trading is a Thursday).

 

XSP (Mini-SPX) weekly options: A smaller sized (1/10th) version of SPX weekly options .

 

OEX Weeklys: One-week, American-style options on the S&P 100 index with Friday P.M. settlement (last day of trading is a Friday).

 

XEO Weeklys: A European-style version of OEX weekly options.

 

Series

 

New series are listed each Friday and expire the following Friday, except that no new Weeklys are listed that would expire during the expiration week for standard options (the third Friday of each month).

 

Ticker Symbols

 

Ticker symbols for weekly options differ from traditional options contract symbols, with letters identifying the Weekly cycle. For example, the symbol for SPX weekly options for the first week of the month is JXA, the symbol for the second week is JXB, etc.).

 

More information about  weekly’s ticker symbols on Weekly Options

 

Risk

 

The average risk of weekly options is considered higher due to the short lifetime.