ISE Mini FTSE 250 Index options

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The International Securities Exchange's cash-settled Mini FTSE 250 Index (FTZ) options represent 1/10th of the full value of the full-sized FTSE 250 Index, a capitalization-weighted index of the most highly capitalized companies listed on the London Stock Exchange outside the FTSE 100. ISE also traded options on the Mini FTSE 100 Index.[1]

As of Nov. 1, 2007, there are 31 ISE index options listed.

Contract Overview

Full specifications can be found at the ISE web site.[1]

Trading hours 9:30 A.M. - 4:15 P.M. Eastern Time (New York time).
Expiration months Up to four months from the March quarterly cycle (March, June, September and December). LEAPS may also be available.
Strike price intervals At least $2.50.
Minimum trading increments The minimum trading increment for an options contract trading at less than $3.00 is $0.05. The minimum trading increment for an options contract trading at $3.00 or higher is $0.10.


References

  1. 1.0 1.1 Product Details. International Securities Exchange.