Which of the following is the main reason for the Options Clearing Corporation to change the system of options symbols?
A) Investors were having trouble understanding the former 20-letter system.
B) Options exchanges had to use special symbols for NASDAQ listed stocks.
C) Different stocks had the same options ticker symbol.
D) Letter combinations did not differentiate between a put and a call.
E) All possible symbol combinations had been taken making it impossible for new options to be traded

Question

Quizplus · Accepted Answer

The Answer of Which of the following is the main reason for the Options Clearing Corporation to change the system of options symbols?
A) Investors were having trouble understanding the former 20-letter system.
B) Options exchanges had to use special symbols for NASDAQ listed stocks.
C) Different stocks had the same options ticker symbol.
D) Letter combinations did not differentiate between a put and a call.
E) All possible symbol combinations had been taken making it impossible for new options to be traded

Which of the Following Is the Main Reason for the Options