KRX Individual Equity Options

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KRX Individual Equity Options trade on the Korea Exchange (KRX). They were launched on January 28, 2002 for the first 7 stocks and September 26, 2005 for other 23 stocks.


KRX Individual Equity Options futures
Exchange Korea Exchange
Settlement Cash settled
Pricing Unit Need pricing unit!
Tick Value Need tick value!
Contract Months Need contract months!
Last Trading Day Second Thursday of the contract month
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A N/A
Ticker Symbol N/A N/A
Price Limits N/A N/A
 
KRX Individual Equity Options options
Trade Unit 10 shares
Point Value Need point value!
Tick Value Premium Tick Size

1) less than KRW 1,000 KRW 10

2) KRW 1,000 ~ less than KRW 2,000 KRW 20

3) KRW 2,000 ~ less than KRW 5,000 KRW 50

4) KRW 5,000 ~ less than KRW 10,000 KRW 100

5) KRW 10,000 or more than KRW 10,000 KRW 200

Option Months The three consecutive near months plus one nearest month from the quarterly cycle (March, June, September and December)
Strike Prices Stock Price Interval

1) less than KRW 5,000 KRW 100

2) KRW 5,000 ~ less than KRW 10,000 KRW 200

3) KRW 10,000 ~ less than KRW 20,000 KRW 500

4) KRW 20,000 ~ less than KRW 50,000 KRW 1,000

5) KRW 50,000 ~ less than KRW 100,000 KRW 2,000

6) KRW 100,000 ~ less than KRW 200,000 KRW 5,000

7) KRW 200,000 ~ less than KRW 500,000 KRW 10,000

8) KRW 500,000 ~ less than KRW 1,000,000 KRW 20,000

Exercise Style European
  No Open Outcry Electronic
Trading Hours N/A 9:00 ~ 15:15 (9:00 ~ 14:50 on the last trading day)
Ticker Symbol N/A N/A
Price Limits N/A N/A

Notes

Resources

Korea Exchange Individual Equity Options

References