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Options on Nasdaq 100® Index Options - NDX, MNX & QQQ

Options on Nasdaq 100 Index Options - NDX   Options on Nasdaq 100 Index Options - MNX   Options on Nasdaq 100 Index Options - QQQ

Launched in January 1985, the Nasdaq-100 Index represents the largest and most active non-financial domestic and international issues listed on The Nasdaq Stock Market® based on market capitalization.

For a list of all 100 components of the Nasdaq-100, please visit here.

The Nasdaq-100 Index is calculated under a modified-capitalization-weighted methodology. The methodology is expected to retain in general the economic attributes of capitalization weighting while providing enhanced diversification. To accomplish this, Nasdaq will review the composition of the Nasdaq-100 Index on a quarterly basis and will adjust the weightings of Index components using a proprietary algorithm if certain pre-established weight distribution requirements are not met.

Eligibility Criteria

To be eligible for inclusion in the Nasdaq-100 Index, a common security must be traded on the Nasdaq National Market tier of The Nasdaq Stock Market and meet several criteria, including the following:

  • the security must be of a non-financial company;
  • only one class of security per issuer is allowed;
  • the security may not be issued by an issuer currently in bankruptcy proceedings;
  • the security must have average daily trading volume of at least 100,000 shares;
  • if the security is of a foreign issuer, the company must have a world-wide market value of at least $10 billion, a U.S. market value of at least $4 billion, and average trading volume on The Nasdaq Stock Market of at least 200,000 shared per day; in addition, foreign securities must be eligible for listed-options trading.

Options involve risk and are not suitable for all investors. Prior to buying or selling options, a person must receive a copy of Characteristics and Risks of Standardized Options (ODD). Copies of the ODD are available from your broker, by calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North Wacker Drive, Suite 500, Chicago, Illinois 60606. The information in these materials is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in these materials. No statement within these materials should be construed as a recommendation to buy or sell a security or to provide investment advice. Any strategies discussed, including examples, do not include commissions, dividends, margin, taxes, and other transaction costs. However, these costs will affect the outcome of transactions and should be considered. S&P 100 and S&P 500 are registered trademarks of the McGraw-Hill Companies, Inc., and are licensed for use by the Chicago Board Options Exchange, Inc. (CBOE). The "Russell 2000 Index" is a registered trademark of Frank Russell Company. The Nasdaq 100 is a registered mark of The Nasdaq Stock Market, Inc. "Dow JonesSM", "Dow Jones Industrial AverageSM", "Dow Jones Transportation AverageSM", and "Dow Jones Utility AverageSM" are service marks of Dow Jones & Company, Inc. and have been licensed for certain purposes by the CBOE. LEAPS, FLEX, FLexible EXchange, CBOE, Chicago Board Options Exchange and OEX are registered trademarks of CBOE, and Long-term Equity AnticiPation SecuritiesTM and SPXTMare trademarks of the CBOE.

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