In January, February, April, May, July, August, October and November new 3-month option series are opened. In March and September new 6-month option series are opened. In June and December new 12-month option series are opened. As a result, at any point in time 5 series of options are traded – for the coming three months, the end of the next quarter and the end of the year.
Every Tuesday a new series of weekly options is opened with the exception of the Tuesday of the week preceding the expiration of monthly derivatives.
On each day, except Tuesdays, one weekly option series is traded. On Tuesdays, two weekly option series are traded the first, expires that day and the second is traded for the first time on that day.
Price quotations in New Israeli Shekels (NIS)