Mag 7 Stock Options Get SEC Nod for Monday, Wednesday Expiries
The Nasdaq MarketSite in New York.
Photographer: Michael Nagle/BloombergThe Securities and Exchange Commission has approved new expirations for Magnificent Seven stocks, moving the US market a step closer to daily expiries in single stock options.
The decision will allow Nasdaq Inc. to list options expiring on Mondays and Wednesday in these stocks. Nasdaq first proposed the listings in May.