Chapter 02 · Section 2.1

Series

An option series consists of:

a) all options of the same type, traded for the same underlying asset, with the same exercise price and same expiration date.
• b) all options of the same type, traded for the same underlying asset with the same exercise price.
  No. For example, July Alcoa puts and October Alcoa puts having the same exercise price do not belong to the same series.
  c) all options of the same type, traded for the same underlying asset with the same expiration date.

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