The CBOE and C2 will be trading TWTR options tomorrow morning, November 15th. Here’s what we have:
Option Cycle: TWTR options will be in the March, June, September and December
Initial expirations: will be December, Jan (’14), March and June
Strikes: TWTR strike prices will be in one-point increments, ranging from the 35-strike to the 50 strike price.
Weeklys options: not yet.
LEAPS availability: not yet.
If Weeklys or LEAPS are added, we’ll get out a blog and tweet.
Morgan Stanley will serve as the Electronic DPM (Designated Primary Market-maker) on CBOE. Group One will serve as LMM on the CBOE Trading Floor. The DPM on C2 will be Wolverine Trading.
For you Institutional traders reading this, the position limit on TWTR is set at 25,000 contracts.
CBOETV has a short piece filmed this morning covering some of these topics. TWTR covered starts at the 2:52 mark. Enjoy.