options on qqqq..

bluejay331 said: "Can someone tell me why there are two different contracts for each strike price? One is example.(qqqla.x and uqqla.x) 53 strike for dec 2007..Thanks:th_dblthumb2: Yahoo is where I saw this.. Etrade is normal.."

schtock said: "two expiration dates for dec. 22 & 31"

Rbreb13 said: "[QUOTE=schtock]two expiration dates for dec. 22 & 31[/QUOTE]I think one of those (the "U" option) is one of the new quarterly options. There's also "U"s in March '08 so that must be it."

dabrozio said: "Yes, that is definitely it. There are now quarterly options on QQQQ and other ETFs."

bluejay331 said: "Thank you my friends...so instead of a monthly expiration the quarterly contracts are 3 monthers? Like that Idea higher prices would explain the time decay already fused into it..."