Minimum fluctuation ( Goog )

Discussion in 'Options' started by Surprise, Jul 2, 2010.

  1. Surprise

    Surprise

    Is the minimum fluctuation on goog options = 5 cents ?
     
  2. MTE

    MTE

    It's the same as for other stocks, 5 cents for options under 3.00, and 10 cents for options over 3.00.
     
  3. Surprise

    Surprise

    I thought like this , but if you check for example AAPL , MSFT options chain u will c as low as 1 cent spread between the bid and the ask ...
     
  4. MTE

    MTE

    These are part of the penny pilot program, hence their tick size is 1 penny. Stocks that are not part of the program have regular 5/10 cent tick size.
     
  5. Surprise

    Surprise

    Thanks mate , could you explain further cuz i chceked many popular stocks and it is 1 cent , Sbux , jpm , c , gs , wmt , rimm ...
     
  6. MTE

    MTE

    See here.
     
  7. Surprise

    Surprise

    Thanks