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New Weekly Options - on Stocks! | PowerOptions Web Log
Today, June 25th, 2010, marked another new stock options investing product for investors. Weekly options, also called short-term options or short dated options, have been available for some time on broad based market indexes: S&P 500 ($SPX), Nasdaq 100 ($NDX) and Russell 2000 ($RUT) for example. Earlier this month weekly options were released for certain ETFs: SPY, QQQQ, DIA and IWM. Today weekly options were released on four popular stocks: Sign up now for PowerOptions 14-day free trial AAPL – Apple Computer, Inc. BAC – Bank of America Corp. BP – British Petroleum Co. C – Citigroup, Inc. Weekly options carry the same rights and obligations as standard calls and puts. The only difference is that the expiration time frame is shorter. Weekly options are typically released on Friday (in this case Friday, June 25th) and will expire the following Friday (July 2nd). Weekly options can be used in various...