Derivatives Market - Equity Options Derivatives Market

ICL
Poalim
Leumi
Teva
Discount
Mizrachi T
Avner
Bezeq
Additional Underlying Asset  
Market Data
Products' Details
Exercise Dates
Margin Parameters
Historical Prices
Turnover Statistics
TASE Messages
Rules and Regulations
Equity Options - Bezeq
 

Date Contract Began Trading

August 2014

Trading hours

For details, click here

Underlying Asset

Bezeq shares (ISIN: IL0002300114)

Contract Unit

Each option represents 2500 shares

Expiration Months

Each month

Options Lifetime

One, two or three months. At any given time, three series of options are active

Price Quotation

Stated in NIS

Minimum Price Fluctuation

 

NIS 1   (for prices up to 20 NIS)

NIS 2   (for prices of 21-100 NIS)

NIS 5 (for prices of 101-200 NIS)

NIS 10 (for prices exceeding 200 NIS)

Strike Price Increment

Based on the following parameters:

 

 

Stock Price (NIS 0.01)

Strike Price Intervals (NIS 0.01)

Up to 100

2

100 -200

5

200 – 500

10

500 – 1,000

20

1,000 – 2,000

50

2,000 – 5,000

100

5,000 – 10,000

200

10,000 – 20,000

500

20,000 – 50,000

1,000

50,000 – 100,000

2,000

Over 100,000

5,000

Last trading Day

The Wednesday before the last Friday of the expiration month

Settlement Price

Based on the opening price of Bezeq shares on the last trading day before the expiration date

Expiration Date

The last Friday of the expiration month

Exercise Style

European.

Settlement

Cash settlement

Position Limits

For details, click here.

Automatic Exercise

All in the money options

Maximum Daily Price Fluctuation  

None

Trading halts

The following reasons will cause suspending of trading in options:

  • Trading halts in underlying share
  • Activation of price monitoring mechanism in the underlying share during continuous or closing phases.