On Monday, March 18, 2013, Chicago Board Options Exchange, Inc. (“CBOE”), will list for
trading mini-options on the following five securities:
|Company||Option Symbol||Mini-Option Symbol|
|SPDR GOLD SHARES||GLD||GLD7|
|GOOGLE CLASS A||GOOG||GOOG7|
|SPDR S&P 500 ETF TRUST||SPY||SPY7|
Transaction Fees for Mini-Options for Individual investors (Customers) at the CBOE will be $0.00.
This has been one of the more talked about products we’ve come out with in quite a while. There are multiple CBOE Regulatory Circulars on Mini’s available at cboe.com (In the tabs on the top of the CBOE home page go to About CBOE, then click on CBOE Legal and Regulatory, then Regulatory Circulars).
- RG 013-044 talks about fees (we talked about this Friday in the CBOE Blog).
- RG 013-036 is a short article with FAQ’s.
- RG 013-048 discusses margins for Mini’s.
- RG 013-046 talks about operational issues.
There is a microsite at www.cboe.com/mini with more information
The Blog previous to this has a link to a 6-minute video with Russell Rhoads and Jim Cramer talking about Mini-options, which is very good.