Philadelphia Semiconductor Index - SOX


DEFINITION of 'Philadelphia Semiconductor Index - SOX'

A price-weighted index composed of 18 U.S. semiconductor companies primarily involved in the design, distribution, manufacture, and sale of semiconductors.

BREAKING DOWN 'Philadelphia Semiconductor Index - SOX'

This is a closely watched index for "chip" stocks. Options on the SOX are among the more actively traded options contacts.

  1. Semiconductor

    A materials product - usually comprised of silicon - which conducts ...
  2. Index

    A statistical measure of change in an economy or a securities ...
  3. Option

    A financial derivative that represents a contract sold by one ...
  4. Price-Weighted Index

    A stock index in which each stock influences the index in proportion ...
  5. Unicorn

    In the world of business, a unicorn is a company, usually a start-up ...
  6. Put-Call Parity

    A principle that defines the relationship between the price of ...
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