OEX

AAA

DEFINITION of 'OEX'

The ticker symbol used to identify index options traded on the Standard & Poor's 100 index. OEX options are listed with a letter code indicating the month code for puts and calls, and a letter code indicating the strike price. Strike prices greater than five points use three letters to indicate which group of 100 the option is trading for.

INVESTOPEDIA EXPLAINS 'OEX'

For example, a February Call 480 would be written as OXB BP, which can also be written as OXBBP or OXB=BP. The S&P 100 is a market-capitalization weighted index of 100 stocks from a broad range of industries.

RELATED TERMS
  1. Dow Jones Industrial Average - ...

    The Dow Jones Industrial Average is a price-weighted average ...
  2. Standard & Poor's - S&P

    The world's leading index provider and the foremost source of ...
  3. Standard & Poor's 500 Index - S&P ...

    An index of 500 stocks chosen for market size, liquidity and ...
  4. ISP (Internet Service Provider)

    A company that provides consumers, businesses, and other Internet ...
  5. TIMP (acronym)

    'TIMP' is an acronym that stands for 'Turkey, Indonesia, ...
  6. Multibank Holding Company

    A company that owns or controls two or more banks. Mutlibank ...
Related Articles
  1. The Hidden Differences Between Index ...
    Mutual Funds & ETFs

    The Hidden Differences Between Index ...

  2. The Lowdown On Index Funds
    Options & Futures

    The Lowdown On Index Funds

  3. Trading OEX Options: The Risk Of Early ...
    Options & Futures

    Trading OEX Options: The Risk Of Early ...

  4. Index Investing
    Mutual Funds & ETFs

    Index Investing

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center