Trading under the symbol OEX, the S&P 100 is an index that tracks 100 of the largest optionable stocks that trade on the US exchanges. It is weighted by market value and therefore large companies dominate the index. It was also the first index to have listed options. The first OEX contract was listed in 1983.
Category: Trading Education
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.