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Tuesday, March 24, 2020

Options Trader Alert #2020 - 9
Nasdaq Announces Changes to the Penny Pilot Program, Effective April 2, 2020

Category:

  • Listing

Markets Impacted:

Contact Information:

Resources:

Effective Thursday, April 2, 2020,all Nasdaq options exchanges, per an industry-wide initiative to replace delisted Penny Pilot Program issues, will make the following replacements in the Penny Pilot for one cent increment quoting:

Issues to be Replaced:New Replacement Issues:
AK Steel Holdings (AKS)Danaher Corporation (DHR)
Link Motion Inc. (LKM)Luckin Coffee Inc. (LK)
Helios and Matheson Analytics, Inc. (HMNY)Virgin Galactic Holdings, Inc. (SPCE)

A complete list of Penny Pilot Issues as of April 2, 2020, can be found here.


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