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exercise limit |
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Exercise limit Cap on the number of option contracts of any one class of contract that can be exercised within a five-day period contract. There are no restrictions on exercise for the last 10 trading days before expiry. A stock option's exercise limit varies with the volume of the underlying stock.
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| January expiration cycle; position and exercise limits have InterDigital Communications Corporation (IDCC) will trade on the March expiration cycle; position and exercise limits have been set at 22,500 contracts. These options will trade on the January expiration cycle; position and exercise limits have been set at 75,000 contracts. |
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