MENU Options Penny Program MIAX Pearl MIAX OPTIONS MIAX PEARL MIAX EMERALD MIAX Pearl is a participant in an industry-wide program that provides for the quoting and trading of certain option classes in penny increments (the "Penny Interval Program" or "Penny Program"). Specifically, the Penny Program allows the quoting and trading of certain option classes in minimum increments of $0.01 for all series in such option classes with a price of less than $3.00; and in minimum increments of $0.05 for all series in such option classes with a price of $3.00 or higher. Options overlying the Invesco QQQ TrustSM (“QQQ”), SPDR® S&P 500® ETF Trust (“SPY”), and iShares® Russell 2000 ETF (“IWM”), however, are quoted and traded in minimum increments of $0.01 for all series regardless of the price. Classes in Options Penny Program on the MIAX Pearl Exchange CSV MIAX PEARL Penny Program Class List EXCEL MIAX PEARL Penny Class Removals Get Notified of Alerts SIGN UP NOW ABOUT MARKETS MARKET DATA & TECHNOLOGY REGULATION NEWS KNOWLEDGE CENTER PRIVACY POLICY TERMS & CONDITIONS

MENU Exchange Members MIAX Emerald MIAX OPTIONS MIAX PEARL MIAX EMERALD MIAX Emerald Exchange Member Directory View the complete list of current MIAX Emerald Exchange members DOWNLOAD PDF Get Notified of Alerts SIGN UP NOW ABOUT MARKETS MARKET DATA & TECHNOLOGY REGULATION NEWS KNOWLEDGE CENTER PRIVACY POLICY TERMS & CONDITIONS

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