ISE Semiconductor Index
The ISE Semiconductor Index is one of eight ISE industry indexes that also include: ISE Oil & Gas Services; ISE Integrated Oil; ISE Gold; ISE U.S. Regional Banks; ISE Biotech & Pharmaceuticals; ISE Homebuilders and ISE SINdex.
As of Nov. 1, 2007, there are 31 ISE index options listed.
Full specifications can be found at the ISE web site.
|Trading hours||9:30 A.M. - 4:00 P.M. Eastern Time (New York time).|
|Expiration months||Four near-term months followed by one additional month from the March quarterly cycle (March, June, September and December).|
|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.|