Options on John Hancock Financial Services, Inc. will trade on the March expiration cycle with initial expiration months of May, June, September, and December. Opening Strike prices will be 15, 17 ½, and 20. In addition, Diamond Carter Securities will be offering automatic execution (AUTO-X) of up to 25 contracts for orders executed through AUTOM, PHLX's automatic execution system for equity and sectors index options.
The PHLX is the first securities exchange in the U.S. and the nation's fastest growing sectors index options exchange. Founded in 1790, PHLX is a market leader in the trading of over 2600 stocks, 920 equity options, 10 sectors index options, and 100 currency pairs.
