The Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2) today announced they will list options on Groupon, Inc. (GRPN) beginning Monday, November 14.
Citadel Securities, LLC will serve as the Designated Primary Market Maker (DPM) for GRPN options at CBOE. C2 does not use a DPM system.
The contract specifications for GRPN options are as follows:
Initial strike prices: 15 to 35, in $1 increments
Position limit: 200,000 contracts
Expiration cycle: January, with initial months of December, January, April and July
For more information on new listings, visit the Trading Tools section of the CBOE website at: http://www.cboe.com/NewListings.
