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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By contrast, COPS, for the first time, will rely on robust pricing models of multiple CBOE market makers to help generate indicative values for as many as 3,000 options series on 300 underlying options classes each day.
It also examines how traders use options algorithms to seek out liquidity in less frequently traded options classes and how algorithms are transitioning from smart order routing (SOR) systems to more sophisticated algorithmic trading tools that incorporate complex-order types and volatility-based orders into the trading process.
RROTs shall be specialists or market makers who would act as ROTs on the Amex by entering bids and offers electronically from locations other than the crowd where the applicable options classes are traded.
The Nasdaq-100 Index Tracking Stock is one of the thirteen options classes that are part of an industry-wide pilot to quote and trade in penny increments and currently trades in one-cent increments at all prices.
exchanges to reallocate to its options specialist unit Timber Hill a number of options classes handled by Susquehanna Investment Group (SIG).
Approximately 700 options classes now trade in the Second Market with an aggregate average daily volume for the month of January of over 79,000 contracts.
In February, OIC introduced Options University (OU), a comprehensive educational mini site that offers a variety of online options classes, strategy tools and other educational resources.
ISE introduced the Second Market to create tight markets and additional liquidity for options classes that have typically experienced lower trading volumes.
There are now 141 active options classes available for trading via CBOEdirect HyTS, representing approximately 50% of US equity options trading volume.
The listing of these equity options classes will double the total number of options classes traded at ISE.
ISE will initially list twenty options classes in its Second Market and will continue to add listings regularly until approximately 850 names are traded.
All of the PHLX's 1,200 options classes will accept electronic delivery of broker-dealer orders.