The minimum trade size is one option contract. Expiration Cycle Three consecutive near-term expiration months plus two successive months from the March cycle. The Saturday following the third Friday of the expiration month. Limited Exercise of Options European-style. Options may be exercised only on the last business day prior to expiration of the options.
Writers are subject to assignment only at expiration.
Check with your broker to ascertain cut-off times for excrcise and provisions for automatic exercise. If the Index is below 200, the interval will be 2 points. Option Premium Quotations Stated in points and fractions. Settlement Next business day following expiration. No position limits.