- Revise strike intervals for HSI, Mini-HSI, HSCEI and Mini-HSCEI options from 22 January 2018
- Aim to give investors more choices for trading
Hong Kong Exchanges and Clearing Limited (HKEX) announced that it will revise the strike intervals for its four most actively traded stock index options contracts – Hang Seng Index (HSI) Options, Hang Seng China Enterprises Index (HSCEI) Options, Mini-HSI Options and Mini-HSCEI Options – from Monday, 22 January 2018 (details are shown in the table below).
The plan is based on comments from market participants and aims to provide more choices for trading.
Stock Index Option Strike Intervals
| Index Points | Strike Interval | Index Points | Strike Interval |
|---|---|---|---|
| Short-dated Options: | |||
| ≥ 8,000 | 200 | ≥ 20,000 | 200 |
| ≥ 2,000 and < 8,000 | 100 | ≥ 5,000 and < 20,000 | 100 |
| < 2,000 | 50 | < 5,000 | 50 |
| Long-dated Options: | |||
| ≥ 19,000 | 1,000 | ≥ 20,000 | 400 |
| ≥ 15,000 and < 19,000 | 800 | ≥ 5,000 and < 20,000 | 200 |
| ≥ 12,000 and < 15,000 | 600 | < 5,000 | 100 |
| ≥ 8,000 and < 12,000 | 400 | ||
| ≥ 4,000 and < 8,000 | 200 | ||
| < 4,000 | 100 | ||
Note: All existing options series will be available for trading until expiry.
Additional information is available in the circular issued on 16 November and the circular issued today.
