$0.50 strike price increments on high volume weeklies

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

  1. smile

    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.