Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
-
Welcome Guests
Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.
Search the Community
Showing results for tags 'mini options'.
Found 1 result
-
ISE launched mini option contracts on March 18, 2013. The launch included five securities: Google (GOOG), SPDR Gold Trust (GLD), Amazon (AMZN), Apple (AAPL) and the SPDR S&P 500 ETF (SPY). If the underlying security trades above $90, there is a possibility of an additional series of mini options. Weekly and quarterly mini options were also introduced by exchanges. Weekly mini options expire within the week compared to the usual one month window. This gives the trader more ability to match the short-term market movement with the option. A mini option contract has an appended number 7 symbol to its security name ( AAPL7, GOOG7, GLD7, AMZN7, SPY7). Mini options are beneficial to small traders who cannot afford to perform large trades using the standard 100 shares per contract. Risk is managed better as the traders will be able to trade the popular stocks without taking too much from their capital.
