Options

Products Traded

ISE offers options trading on more than 3,000 underlying equity, ETF, index, and FX products. ISE Gemini and ISE Mercury list all of the industry's most active options classes. ISE options exchanges' unique market structure and technology for trading options fosters deep and liquid markets with competitive prices.

Equity & ETF Options

Equity & ETF Options: An equity option is a contract to buy or sell an underlying stock, exchange-traded fund (ETF), or similar product. ISE options exchanges also offers options trading on various ETFs based on ISE ETF Ventures proprietary indexes. For more information on these Indexes, click here.

ISE FX Options®

ISE FX Options provide investors with additional choices and flexibility to hedge their currency exposure risk. They are cash-settled in U.S. dollars, European-style exercised, and can be traded from an existing brokerage account.

CURRENCYper US $SYMBOLin US $symbol
Australian dollar USD/AUD AUX AUD/USD AUM
Brazilian real USD/BRL BRB BRL/USD -
British pound USD/GBP BPX GBP/USD GBP
Canadian dollar USD/CAD CDD CAD/USD -
Euro USD/EUR EUI EUR/USD EUU
Japanese yen USD/JPY YUK JPY/USD -
Mexico peso USD/MXN PZO MXN/USD -
New Zealand dollar USD/NZD NZD NZD/USD NDO
Swedish krona USD/SEK SKA SEK/USD -
Swiss franc USD/CHF SFC CHF/USD -
ISE FX Options trading opens at 7:30 a.m.* ET and closes at 4:15 p.m. ET.

Investors can access the underlying rates for ISE FX Options directly from Bloomberg, Reuters, Yahoo! Finance, and other leading market data vendors and financial websites.

Click here for Bloomberg symbolsClick here for product notices relating to ISE FX Options. 

* Market orders will not be accepted between 7:30 a.m. and 9:30 a.m. ET.
Index Options

ISE was the first exchange to trade index options electronically, bringing efficiency and simplicity to index options trading. 

Click here for a list of settlement values.

Click here for product notices relating to index options. Please visit our product lookup page for a full list of index options.

 

Quarterly Options

Please visit our product lookup page for a full list of Quarterlies.

Weekly Options

ISE options exchanges offers short-term options series (“Weeklies”) on underlyings.

Short-term options series trade for approximately 50 products one week and expire on Fridays, unless Friday is a trading holiday. Select symbols have weeklies going out as far as five weeks, pursuant to ISE Rule 504.02.

ISE options exchanges will list new Weeklies on Thursday of each week expiring the following Friday. Weeklies on AM-settled indexes will stop trading at close of business on the Thursday prior to expiration. Weeklies on equities and ETFs will stop trading at close of business on Friday (expiration day). Weeklies on ISE FX Options will stop trading at noon on Friday (expiration day).

ISE, ISE Gemini, and ISE Mercury are allowed to list up to 60 series in each weekly class. In the event of unusual market movement or significant customer demand, each exchange will list new series up to two days prior to expiration. Weeklies are subject to corporate action adjustment as their standard counterparts.

The option symbols of Weeklies are identical to those used for standard monthly options. The difference between monthly and weekly options is the expiration date. The series name of Weeklies is structured as follows:

    • Underlying symbol
    • 1-character Expiration Year
    • 3-character Expiration Month
    • Strike Price with one decimal place
    • Call/Put Indicator
    • “-DD” (Expiration Day)

An example series name for a weekly is BAC3FEB11.0C-08.

Please visit our Product Lookup page for a full list of Weeklies.

 Please Note: A full list of products traded is available for download.