| Contract value |
Index value x NOK 100 |
| Maturity |
Contracts of three months are listed every month. |
| Listing of new expiry month |
Occurs on the first Norwegian trading day following the expiration day in each month. At least five put and call options are listed. |
| Tick size |
0.01 where price < NOK 0.1 |
| 0.05 where NOK 0.1 ≤ price < NOK 4.0 |
| 0.10 where NOK 4.0 ≤ price < NOK 10.0 |
| 0.25 where price ≥ NOK 8.0 |
| Delivery |
Cash |
| Option style |
European |
| Premium settlement day |
T+1 |
| Expiration day |
The third Thursday of the expiration month of the expiration year, or where such day is not a Norwegian trading day, the preceding trading day. |
| Expiration settlement price |
The contract is cash settled on the expiration day against a fixing value. This value is a volume weighted average of the OBX index calculated over the expiration day. Cash settlement shall take place on the first Norwegian bank day after the expiration day. |
| Contract value |
Index value x NOK 100 |
| Maturity |
Contracts of three months are listed every month. |
| Listing of new expiry month |
The first listing date is the day after the expiration day in the current month. |
| Tick size |
0.10 where price < NOK 1000 |
| 0.25 where price ≥ NOK 1000 |
| Delivery |
Daily cash settlement |
| Daily settlement price |
Normally last traded price. |
| Expiration day |
The third Thursday of the expiration month of the expiration year, or where such day is not a Norwegian trading day, the preceding trading day. |
| Expiration settlement price |
Volume weighted average price of the OBX index on the expiration day. |
| Contract size |
100 shares |
| Maturity |
contracts of 6 months are listed every 3 months |
| Listing of new expiry month |
Occurs on the 1st Norwegian trading day following the current month’s expiration day. At least 5 put and call options are listed |
| Tick size |
0.01 where price < NOK 0.1 |
| 0.05 where NOK 0.1 ≤ price <NOK4.0 |
| 0.10 where NOK 4.0 ≤ price <NOK8.0 |
| 0.25 where price ≥ NOK 8.0 |
| Delivery |
Physical |
| Option style |
American puts and calls |
| Premium settlement day |
T+1 |
| Expiration day |
The 3rd Thursday of the expiration month of the expiration year, or where such day is not a Norwegian trading day, the preceding Norwegian trading day |
| Expiration settlement price |
VWAP for the underlying Norwegian stock over the expiration day |
| Contract size |
100 shares |
| Maturity |
Contracts of 6 months are lsited every 3 months |
| Listing of new expiry month |
Occurs on the 1st Norwegian trading day after the expiration day in each expiry month. |
| Tick size |
0.01 where price < NOK 10 |
| 0.05 where ≥ NOK 10 - <NOK 49.95 |
| 0.10 where price is ≥ NOK 50 ≤- NOK 149.90 |
| 0.25 where price is ≥ NOK150 - <NOK 999.95 |
| 0.50 where price ≥ NOK 1000 |
| Delivery |
Daily cash settlement and delivery of the underlying stock |
| Daily settlement price |
Normally last traded price |
| Expiration day |
The 3rd Thursday of the expiration month of the expiration year, or where such day is not a Norwegian trading day, the preceding Norwegian trading day. |
| Expiration settlement price |
VWAP for the underlying Norwegian stock over the expiration day |
