Same strike, same expiration. So what is the difference?

1 ⤊

Same strike, same expiration. So what is the difference?

QQQLI.X and UQQLI.X Same strike, same expiration. So what is the difference?

2006-12-02 12:45:55 · 1 answers · asked by gatzap 5 in Business & Finance ➔ Investing

1 answers

The UQQ series are "Quartely" options. That is they expire on the last business day of the calendar quarter for which they expire. The QQQ's expire like normal on the 3rd Friday.

So you will see the same expiration Month on the options chain containing Quarterlies, but the actual expiration day is not the same.

For more info: http://www.888options.com/help/faq/general.jsp#32

Regards

2006-12-02 14:02:23 · answer #1 · answered by kperry1911 3 · 1⤊ 0⤋