$0.50 strike price increments on high volume weeklies

Discussion in 'Options' started by smile, Sep 13, 2012.

  1. smile


    Does anyone have good info on the tightening of strike price increments? I can't find anything about it with google.

    Recently, many high volume weeklies are now presenting near the money strike prices in increments of $0.50 , e.g. SPY, whereas before they were $1.00.

    Many thanks for your insight.