Regulatory Alert

MIAX Options

November 14, 2022 | 01:18 PM

MIAX Exchange Group - Options Markets - Listing of Tuesday and Thursday Weekly Expirations for QQQ and SPY

Subject to regulatory approval, MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange will modify the Short Term Option Series Program ("STOS") and will introduce Short Term Option Daily Expirations. Under the new Short Term Option Daily Expirations program the number of Short Term Option Expiration Dates will go from five to two for SPY, QQQ, and IWM Monday and Wednesday Expirations as well as the new SPY and QQQ Tuesday and Thursday Expirations.

On November 14, 2022, the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange listed weekly Tuesday STO QQQ and SPY Expirations for trading with the following expiration dates:

  • Tuesday, November 15, 2022
  • Tuesday, November 22, 2022
  • Tuesday, November 29, 2022
On November 16, 2022, the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange anticipate listing weekly Thursday STO QQQ and SPY Expirations for trading with the following expiration dates:
  • Thursday, November 17, 2022
  • Thursday, December 1, 2022
Key aspects include:
  • As result of moving to only maintaining two expirations, MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange will no longer list new SPY, QQQ, and IWM Monday and Wednesday Weekly Options until the listing is within 15 days of the new expiration date.
  • In the event a Quarterly expiration is on the same day as a STO Daily expiration, the new expiration date will be added the following week.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.