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Options: All option contracts of the same class that also have the same unit of trade, expiration date, and exercise price. Stocks: shares that have common characteristics, such as rights to ownership and voting, dividends, or par value. In the case of many foreign shares, one series may be owned only by citizens of the country in which the stock is registered.

Option Series

All the option contracts of the same class on the same underlying security with the same strike price and expiration date that are traded on an exchange. For example, all call options on Stock X with strike price Y expiring on the last Friday in March make up one option series in the exchange on which they are traded. An option series is also simply called a series.


References in periodicals archive ?
Despite these potential opportunities, series LLCs may raise tax issues.
MUSIC COMPOSITION FOR A SERIES (DRAMATIC UNDERSCORE): ``Buffy the Vampire Slayer: Becoming, Part 1,'' WB.
NYPD Blue'' appeared to be a shoo-in after capturing best drama series actor for Dennis Franz, supporting actress for Kim Delaney, directing for Mark Tinker and writing for David Milch, Stephen Gaghan and Michael R.
1997 CART Series ranking and points: 19th (tied), 0
Series: Vantage series Clamp:fbrce range: 15 to 1000 tons, up-acting
SOUND MIXING, VARIETY OR MUSIC SERIES OR A SPECIAL: ``Music for the Movies: The Hollywood Sound,'' PBS.