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LEAPS® Symbols

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In order to differentiate LEAPS® from shorter-dated options, LEAPS® have a different set of symbols for retrieval on quotation systems. While other options have fixed symbols, LEAPS® symbols change to reflect the expiration year.

Options Symbol LEAPS® Option Symbol
OCT ('02) 15
call		 MOT JC JAN ('04) 15 LEAPS®
call		 LMA AC
JAN ('03) 15
call		 MOT AC JAN ('05) 15 LEAPS®
call		 ZMA AC
APR ('03) 15
call		 MOT DC    

This feature makes it easy to distinguish a longer-term option from a shorter-term option in data listings. To obtain a symbol for a LEAPS® option access OIC's Directory of Listed Options (XLS).

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