PENNY UPDATE: Full Schedule for the Pilot Program
January 26 marks a historic day in the options markets.After resisting the onset of pennies for so many years, the options industry isfinally launching a penny pilot program. You will find the full schedule for this historic, and highly controversial, program below:
Friday, January 26, 2007
WFMI - Whole Foods
Friday, February 2, 2007
GE - General Electric
MSFT ñ Microsoft
Friday, February 9, 2007
IWM - Ishares Russell 2000 Index (ETF)
QQQQ - Nasdaq-100Æ Trust Shares (ETF)
SMH - Semiconductor HOLDRs (ETF)
AMD - Advanced Micro Devices
INTC - IntelCorp.
CAT - CaterpillarInc.
TXN - Texas Instruments
FLEX - Flextronics InternationalLtd.
SUNW - Sun MicroSystems Inc.
A - Agilent Tech, Inc.
What does this pilot program hold in store for the options markets? Is it the best thing that ever happened to retail customers or the death knell for options liquidity? Are the SEC's assumptions about pennies and payment for order flow correct? Stay tuned to The Options Insider.com throughout the pilot program to find out...
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