What's with the QQQQ options?

Discussion in 'Options' started by ess1096, Dec 18, 2006.

  1. ess1096


    I don't usually trade the cubes but I took a look at the QQQQ options and noticed two things I never noticed before.

    1) .63 cent increments?
    2) Quarterly options?

    Is that something new?
  2. The end-of-month options started a few months ago. SPY has 'em, too.

    I think the .625 options are from the MSFT special dividend a couple years ago. It affected the near-term options then and all the LEAPs.
  3. ess1096


    10-04, Thanks.