/biz/ - Business & Finance

Holy shit, options used to be retarded
>Generally, calls are available at several strike prices, which usually come in increments of five. In addition, there normally is a choice of several different expiration dates for each strike price. The actual expiration date for a stock option is close of business prior to the Saturday following the third Friday of the expiration month.

>Used to see shit like MSQNG to denote a MSFT put that was 7 months to expiry, in $5 price increments
>Now we just see MSFT220722C00237500 which has all the information obviously embedded into it