Options with one-cent increments

Question: Are all options now trading in one-cent increments?
If no, what are the exceptions?

 

No, not all options trade in 1 cent increments. Only the ones that are part of the penny-pilot program. So essentially these are the exceptions rather than the ones that don't trade in 1 cent increments.

 

I think if you use IB's smart; you can enter penny pricing for almost everything.

 

http://www.cboe.org/hybrid/pennypilot.aspx