SEC Gives Nasdaq Approval for Mon., Wed. Stock Options Expiries

The Securities and Exchange Commission approved a proposal for Nasdaq Inc. to list options expiring on Mondays and Wednesday in select stocks, moving the US market a step closer to daily expiries in single stock options,

• Nasdaq received approval to list the contracts for nine widely traded stocks, according to a letter from the SEC to the exchange operator
• Single stock options currently only expire on Fridays, with the exception of three widely traded ETFs — SPDR S&P 500 ETF Trust, Invesco QQQ Trust and iShares Russell 2000 ETF — which have daily expiries
• The expiries will be for the ...