Options on Visteon Corporation will trade on the March expiration cycle with initial expiration months of July, August, September, and December. Opening strike prices will be 10, 12.5, and 15. In addition, Timber Hill will be offering an automatic execution of up to 50 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 2,600 stocks, 769 equity options, eleven sectors index options, and 100 currency pairs.
