• Class III Milk and Mid-sized Milk Options Strike Range Expansion - Effective Monday, June 16, 2008

      • To
      • Quote Vendors
      • From
      • Market Data Operations
      • #
      • Q2008-107
      • Notice Date
      • 04 June 2008
      • Effective Date
      • 16 June 2008
    • Effective Monday, June 16, 2008, the exercise price listing rules for Class III Milk (DA) and Mid-sized Milk (JQ) options will be expanded from the at-the-money strike (ATM) plus or minus all strikes in $.25 intervals in a range $4.00 above and below the previous day’s settlement price, to the ATM plus or minus all strikes in $.25 intervals in a range $6.00 above and below the previous day’s settlement price. 
       
      These expanded strike price listings will be available for customer testing in the New Release environment on Wednesday, June 4, 2008.