Standard Convention
In North America the usual naming convention is as follows:
Stock option names are written in the following format: SYMBOL+MONTH+STRIKE
- SYMBOL = Option Root Symbol, normally the stock's ticker symbol
- MONTH = Month the option expires
- STRIKE = Strike price
Read more about this topic: Option Naming Convention
Famous quotes containing the words standard and/or convention:
“A dwarf who brings a standard along with him to measure his own size—take my word, is a dwarf in more articles than one.”
—Laurence Sterne (1713–1768)
“The metaphor of the king as the shepherd of his people goes back to ancient Egypt. Perhaps the use of this particular convention is due to the fact that, being stupid, affectionate, gregarious, and easily stampeded, the societies formed by sheep are most like human ones.”
—Northrop Frye (b. 1912)