Why there's no 1000 strike for SPX options?

Discussion in 'Options' started by Sashe, Nov 23, 2003.

  1. Sashe

    Sashe

    Seems strange to me that there are no SPX options available at 1000 strike. Anyone with insight?
     
  2. ktm

    ktm

  3. Sashe

    Sashe

    Thx Ktm, looks like the problem was with my feed provider
     
  4. Options on the S&P 500 futures trade at the CME.

    SPX options (options based on the cash) trade on the CBOE and indeed do skip the 1000 strike - I have no idea why. Instead there are strikes at 995 and 1005.