During the lifetime of an existing option series TASE opens strike prices as follows:
The interval between strike prices is set according to the difference in terms of absolute value relative to the last representative foreign exchange rate published-
|
Difference (absolute value) |
Nearest series |
Difference between strike prices (NIS) |
|---|---|---|
|
5% |
2 monthly |
2.5 |
|
5% |
3 monthly |
5 |
|
10% |
|
10 |
A detailed description of the rules regarding strike prices can be found in the Derivatives Profile
