OptionsHouse

Options Trading News

September 16, 2013  Mon 2:05 PM CT

NDAQ: SEE CHART GET CHAIN FIND STRATEGIES
Option exchanges were halted across the board for about 30 minutes today, citing problems with the feed from the Options Price Reporting Authority.

OPRA provides price information and quotations, and problems there can see big swings in option prices and therefore in trading. Trading was halted between 1:30 p.m. and 1:40 p.m. ET. All systems appeared to be back up and running by 2:10 p.m. ET.

It is the latest of a string of technical problems that have beset the exchanges in recent weeks. Such issues highlight the advantage of trading options, which limit potential losses by contract rather than depending on the vagaries of market swings.
Share this article with your friends


OptionsHouse

Premium Services

Upcoming Webinar:

How to Defend Your Portfolio and Profit in a Market Selloff

http://bit.ly/1OSMWU6

Jon Najarian and Sandy Chaikin of Chaikin Analytics demonstrate how to play defense when the market is selling off. And, how to turn misery into money, whether investing in stocks or trading options.

Education & Strategy

The sweet spot

When using the Stock Replacement Strategy, we must remember that in reality, we are doing a STOCK trade. We are just using options. We are replacing the stock position with an option position (long calls).

View more education articles »