Options Symbols, Including Mini: Generic, Schwab, Fidelity

In 2010 options symbols transitioned to a new terminology.   Unfortunately Fidelity and Schwab decided they didn’t want to use the standard, generic format, so they invented their own “better” version of the new symbols.   Here are the new formats: Generic, industry standard format: “SPY 10417C00114000”     (<symbol> <YYMMDD>  <C or P><5 digit whole dollar strike><3 digit decimal>). Schwab’s systems: “SPY 04/17/2010 114.00 …

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