
Re: Can someone explain to me the new options system?
Here's what I get:
.PYP-10-03-20-P-110
.PYP - Identifier. I thought this was going to be the ticker symbol, but I guess not
10 - Year (2010)
03 - Month (March)
20 - Day (3rd Saturday in March)
P - (P)ut or (C)all
110 - Strike (110)
Supposedly these are human readable option codes, but without using the symbol as the identifier it's no more useful to me than the old codes