Stocks & Commodities V. 21:3 (44-45): Explore Your Options by Tom Gentile
Product Description
Explore Your Options by Tom Gentile
OPTIONS SYMBOLS
What do the various letters signify in an options symbol? — Name Withheld
The letters in an option symbol designate the underlying instrument, whether it is a put or call, the expiration date, and the strike of the contract. MSQAJ is a typical symbol. It would be broken down like this: MSQ (Microsoft Corp.), A (January call), J (50 strike). Every option symbol has a root symbol one to three letters long for the underlying issue. Generally, the root symbol is the same as the stock symbol, unless the stock symbol is four or more letters. In the case of Texas Instruments (TXN), for example, the root symbol is simply TXN.
OPTIONS SYMBOLS
What do the various letters signify in an options symbol? — Name Withheld
The letters in an option symbol designate the underlying instrument, whether it is a put or call, the expiration date, and the strike of the contract. MSQAJ is a typical symbol. It would be broken down like this: MSQ (Microsoft Corp.), A (January call), J (50 strike). Every option symbol has a root symbol one to three letters long for the underlying issue. Generally, the root symbol is the same as the stock symbol, unless the stock symbol is four or more letters. In the case of Texas Instruments (TXN), for example, the root symbol is simply TXN.
FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.
| Take Control of Your Trading. |
| Professional Traders' Starter Kit |
| All these items shown below only $299.99! |
| Click Here to Order |