|
The initial symbol rollout of the penny pilot was completed on February 9, 2007. Symbols included in that rollout were:
| Option Class |
|---|
| WFMI - Whole Foods |
| GE - General Electric |
| MSFT - Microsoft |
| IWM - Ishares Russell 2000 |
| QQQQ - QQQQ |
| SMH - SemiConductor Holders |
| AMD - Advanced Micro Devices |
| INTC - Intel |
| CAT - Caterpiller |
| TXN - Texas Instruments |
| FLEX - Flextronics International |
| SUNW - Sun Micro |
| A - Agilent Tech, Inc.1 |
1Agilent Tech, Inc. was recently selected, and replaces Glamis Gold (GLG) which has been delisted.
The penny pilot rollout will be expanded beginning September 28, 2007. On that date, the following symbols will be converted to pennies:
| Option Class |
|---|
| Mini-SPX (XSP/XSP) |
| SPDR S&P 500 (SPY/SPY) |
| NYSE Euronext (NYX/NYX) |
| Apple Inc. (AAPL/AAQ) |
| Cisco Systems (CSCO/CYQ) |
| Altria Group, Inc. (MO/MO) |
| Financial Select Sector SPDR (XLF/XLF) |
| Dendreon Corp. (DNDN/UKO) |
| AT&T, Inc. (T/T) |
| Amgen Inc. (AMGN/AMQ) |
| Citigroup, Inc. (C/C) |
| Yahoo! Inc. (YHOO/YHQ) |
| Amazon.com Inc. (AMZN/ZQN) |
| Qualcomm Inc. (QCOM/QAQ) |
| Motorola Inc. (MOT/MOT) |
| General Motors (GM/GM) |
| Research in Motion Ltd. (RIMM/RUL) |
| Energy Select Sector SPDR (XLE/XLE) |
| Freeport-McMoRan Copper & Gold, Inc. (FCX/DPJ) |
| Dow Jones Industrial Average(DJX/DJX) |
| Diamonds Trust (DIA/DIA) |
| ConocoPhillips (COP/COP) |
| Oil Services HLDRS (OIH/OIH) |
| Bristol-Myers Squibb Co. (BMY/BMY) |
The Penny Pilot Program currently in effect in 35 option classes is scheduled to expand on March 28, 2008.
The following is a list of the 28 additional option classes that will be added to the Pilot Program on that date.
| Option Class |
|---|
| Goldman Sachs Group, Inc. (GS) |
| Countrywide Financial Corporation (CFC) |
| Bank of America Corporation (BAC) |
| iShares MSCI Emerging Mkts. Index Fund (EEM) |
| Merrill Lynch & Co., Inc. (MER) |
| Vale (RIO) |
| EMC Corporation (EMC) |
| Exxon Mobil Corporation (XOM) |
| Wal-Mart Stores, Inc. (WMT) |
| The Home Depot, Inc. (HD) |
| Valero Energy Corporation (VLO) |
| Alcoa Inc. (AA) |
| Dell Inc. (DELL) |
| SanDisk Corporation (SNDK) |
| The Bear Stearns Companies, Inc. (BSC) |
| Pfizer Inc. (PFE) |
| eBay Inc. (EBAY) |
| Halliburton Company (HAL) |
| Lehman Brothers Holdings Inc. (LEH) |
| JPMorgan Chase & Co. (JPM) |
| Washington Mutual, Inc. (WM) |
| Ford Motor Company (F) |
| Target Corporation (TGT) |
| American International Group, Inc. (AIG) |
| Newmont Mining Corporation (NEM) |
| Verizon Communications Inc. (VZ) |
| Mini-NDX Index Options (MNX) |
| Starbucks Corporation (SBUX) |
RG08-044 Penny Pilot Expansion
CBOE Penny Pilot Report (03/04/2008)
IC08-019 Penny Pilot Expansion
CBOE Penny Pilot Report (11/01/2007)
IC07-150 SEC Approval of Penny Pilot Expansion
CBOE Penny Pilot Report (06/01/2007)
RG07-009 Penny Pilot Program
RG06-124 Penny Pilot Program and Quote Mitigation
Please contact Greg Burkhardt of Trading Operations (312-786-7531), with any questions.
|
|
Options involve risk and are not suitable for all
investors. Prior to buying or selling an option, a person must receive a copy
of Characteristics and Risks of Standardized
Options (ODD). Copies of the ODD are available from your broker, by
calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North
Wacker Drive, Suite 500, Chicago, Illinois 60606. The information on this
website is provided solely for general education and information purposes and
therefore should not be considered complete, precise, or current. Many of the
matters discussed are subject to detailed rules, regulations, and statutory
provisions which should be referred to for additional detail and are subject to
changes that may not be reflected in the website information. No statement
within the website should be construed as a recommendation to buy or sell a
security or to provide investment advice. The inclusion of non-CBOE
advertisements on the website should not be construed as an endorsement or an
indication of the value of any product, service, or website. The
Terms and Conditions govern use of this website and use of this website
will be deemed acceptance of those Terms and Conditions.
|
|