Listing Alert
MIAX Emerald
October 01, 2021 | 12:32 PM
MIAX Exchange Group - Options Markets - Listing of Monday and Wednesday Weekly Expirations for IWM
The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange anticipate listing Weekly Short Term Option Series on the iShares Russell 2000 ETF (IWM) which will expire on Mondays and Wednesdays.
On October 5, 2021, the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange anticipate listing weekly Wednesday STO IWM Expirations for trading with the following expiration dates:
- Wednesday, October 13, 2021
- Wednesday, October 20, 2021
- Wednesday, October 27, 2021
- Wednesday, November 3, 2021
- Wednesday, November 10, 2021
- Monday, October 18, 2021
- Monday, October 25, 2021
- Monday, November 1, 2021
- Monday, November 8, 2021
- Monday, November 15, 2021
Key aspects include:
- The MIAX Exchange Group will not list Monday or Wednesday IWM Expirations on a Monday or Wednesday in which Quarterly Options Series already exist
- If the Monday in which the series expires is not a business day, the series shall expire on the first business day immediately following that Monday and up to five consecutive and no more than five total Monday IWM Expirations can be listed at one time
- If the Wednesday in which the series expires is not a business day, the series shall expire on the first business day immediately prior to that Wednesday and up to five consecutive and no more than five total Wednesday IWM Expirations can be listed at one time
- Monday and Wednesday IWM Expirations may be listed in the same week in which monthly and Friday weekly option series in IWM expire
- The minimum interval between strike prices for the Monday and Wednesday Weekly IWM option series will be $0.50, the same as for current options within the Short Term Options Series Program