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Options Clearing Corporation's (OCC) Options Symbology Initiative (OSI) mandated an industry-wide change to a new option symbol structure, resulting in option symbols 21 characters in length. March 2010 - May 2010 was the symbol consolidation period in which all outgoing option roots will be replaced with the underlying stock symbol.
For example, an Apple Inc AAPL.O call option that would have expired in December 2007 at a $122.50 strike price would be displayed as APVLZ in old convention (AAPL071222C00122500 in new convention). Stock option names are written in the following format: SYMBOL+MONTH+STRIKE. SYMBOL = Option Root Symbol, normally the stock's ticker symbol
The Option key may be labeled Alt, Option, ⌥, or any combination thereof. The Option key, ⌥, is a modifier key present on Apple keyboards. It is located between the Control key and the Command key on a typical Mac keyboard. There are two Option keys on modern (as of 2020) Mac desktop and notebook keyboards, one on each side of the space bar.
Typographical symbols and punctuation marks are marks and symbols used in typography with a variety of purposes such as to help with legibility and accessibility, or to identify special cases. This list gives those most commonly encountered with Latin script. For a far more comprehensive list of symbols and signs, see List of Unicode characters.
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This symbol is encoded in Unicode as U+2387 ⎇ ALTERNATIVE KEY SYMBOL. Macintosh keyboards equate the Alt key with the ⌥ Option key, which has its own symbol, similar to that of the ISO standard. The Alt key should not be confused with the Altmode key (sometimes also labelled Alt) on some Teletype and ASCII terminals, which is a synonym for ...