The minimum trade size is one option contract. Expiration Cycle Three consecutive near-term expiration months plus two successive months from the March cycle. Limited Exercise of Options European style.
Writers are subject to assignment only at expiration.
Check with your broker to ascertain cut-off times for exercise and provisions for automatic exercise. Option Premium Quotations Stated in points and fractions. Settlement Next New York business day following expiration. Position Limits 31,500 contracts on the same side of the market. Information delayed 15 minutes.