.jpg)
The Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2) announced that they will list options on the stock of Twitter, Inc. (NYSE:TWTR) on Friday, November 15. The contract specifications and Designated Primary Market Makers (DPMs) for the options are as follows:
Contract Specifications:
- Initial strike prices: Will range from 35 to 50, in one-point increments
- Position limit: 25,000 contracts
- Expiration cycle: March, with introductory expirations in December, January, March and June
Designated Primary Market Maker (DPM):
- CBOE Designated Primary Market Maker: Morgan Stanley will serve as electronic DPM
- CBOE Lead Market Maker: Group One Trading will serve as LMM on the CBOE trading floor
- C2 Designated Primary Market Maker: Wolverine Trading will serve as DPM at C2
For more information on new listings, visit the Trading Tools section of the CBOE website at: http://www.cboe.com/NewListings.
