Korea Exchange to Launch Weekly Options on Four Stocks June 29
South Korea's main stock exchange will introduce weekly options contracts on Samsung Electronics, SK hynix, Hyundai Motor and LG Energy Solution. The contracts will expire each Thursday starting June 29.
koreaherald.comThe Korea Exchange said Monday it will launch weekly options on four individual stocks later this month. The contracts are designed to give investors a tool for managing short-term price swings.
Hyundai Motor Co. and LG Energy Solution Ltd. Weekly options on these names will begin trading June 29 and will expire every Thursday. The Korea Exchange stated that the new products respond to investor demand for more frequent expiration dates amid ongoing market volatility.
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