Philadelphia Semiconductor Index - SOX

Dictionary Says

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.
Investopedia Says

Investopedia explains '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.

Related Definitions

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    A financial derivative that represents a contract sold by one party (option writer) to another party (option holder). The contract offers the buyer the right, but not the obligation, to ...
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    A materials product - usually comprised of silicon - which conducts electricity more than an insulator but less than a pure conductor, such as copper and aluminum. Semiconductors are ...
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