Option Chain
Symbol Syntax |
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Most option chain symbols use
the same syntax: |
For example, the fictitious
option chain symbol -ZZZLB is comprised of: |
- |
a dash (-) |
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the first three letters of the underlying security's name,
which appear in place of ZZZ in the example |
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a month code, a
code for the month the option expires such as L for December Call option |
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a strike price
code, the price at which the option buyer may buy or sell the underlying security such as B for
110 |
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Month
Codes |
Month |
Call
Code |
Put
Code |
January |
A |
M |
February |
B |
N |
March |
C |
O |
April |
D |
P |
May |
E |
Q |
June |
F |
R |
July |
G |
S |
August |
H |
T |
September |
I |
U |
October |
J |
V |
November |
K |
W |
December |
L |
X |
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Strike Price
Codes |
Code |
Strike Prices |
A |
5 |
105 |
205 |
B |
10 |
110 |
210 |
C |
15 |
115 |
215 |
D |
20 |
120 |
220 |
E |
25 |
125 |
225 |
F |
30 |
130 |
230 |
G |
35 |
135 |
235 |
H |
40 |
140 |
240 |
I |
45 |
145 |
245 |
J |
50 |
150 |
250 |
K |
55 |
155 |
255 |
L |
60 |
160 |
260 |
M |
65 |
165 |
265 |
N |
70 |
170 |
270 |
O |
75 |
175 |
275 |
P |
80 |
180 |
280 |
Q |
85 |
185 |
285 |
R |
90 |
190 |
290 |
S |
95 |
195 |
295 |
T |
100 |
200 |
300 |
U |
7.5 |
- |
- |
V |
12.5 |
- |
- |
W |
17.5 |
- |
- |
X |
22.5 |
- |
- |
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