Volatility Opening Maximum Composite Widths
The table below defines Maximum Composite Width values in effect for Volatility Openings:
| CM Bid | Max Composite Width |
|---|---|
| 0.00 - 0.25 | 0.25 |
| 0.26 - 0.50 | 0.30 |
| 0.51 - 1.00 | 0.35 |
| 1.01 - 2.00 | 0.40 |
| 2.01 - 5.00 | 0.60 |
| 5.01 - 10.00 | 0.70 |
| 10.01 - 20.00 | 1.00 |
| 20.01 - 30.00 | 1.80 |
| 30.01 - 40.00 | 2.40 |
| 40.01 - 50.00 | 3.00 |
| 50.01 - 100.00 | 6.00 |
| 100.01 - 200.00 | 9.00 |
| >= 200.01 | 14.00 |