Class of Options

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Class of Options

Option contracts of the smae type (call or put) and Style (American, European or Capped) that cover the same underlying security.

Class of Options

All option contracts of the same type and style on the same underlying security. For example, when one speaks of a class of options, one may refer to all the American-style calls on Google. This includes all expiration dates and strike prices, but not contracts of different types, such as puts or European-style options.
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According to Steve Schulte, national sales director, the 2200 is available in three option class levels, "providing the maximum capability, versatility and customization in the 2200 line".