Options at the WSE index, stocks basic informations

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Options at the WSE(index, stocks) basic
informations
As of August 2008
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Options - underlyings
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Contract specification (1) expiration dates
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Contract specification (2) index options short
name
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Contract specification (3) stock options short
name
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Contract specification (4) exercise price WIG20
options
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Contract specification (5) exercise pricestock
options

• Options with exercise price below PLN 1 are not
  introduced

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Contract specification (6)

• Principle of introducing exercise prices for the
  new expiration date (for index and stock
  options).
• WIG20 options 18 option series are introduced
  for the new expiration date
• 9 series (1 ATM, 4 OTM, 4 ITM) call options and
• 9 series (1 ATM, 4 OTM, 4 ITM) put options
• Stock options 8 options series are introduced
  for the new expiration date
• 4 series (1 ATM, 2 OTM, 1 ITM) call options and
• 4 series (1 ATM, 2 OTM, 1 ITM) put options

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Contract specification (7)
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Contract specification (8)
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Trading principles (1)
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Trading principles (2)
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Trading principles (3)

• Continuous trading 830 1630
• 8.00 8.30 Pre-opening phase (opening call)
• 930 Opening (determination of the opening
  price)
• 9.00 16.10 Continuous trading phase
• 16.10 1620 Pre-closing phase (closing call)
• 16.20 Closing (determination of the closing
  price)
• 16.20 16.30 Post-auction trading
• 16.30 1635 Pre-opening phase (next session
  opening call)
• Options can be traded in block trading plaese
  see www.gpw.pl

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Trading principles (4) premium tick size
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Trading principles (5) price variation limits
Static tresholds
Dynamic tresholds
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More infowww.gpw.plAsk questionopcje_at_gpw.pl
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