Biotech Values

[exwannabe]

Re: New option tickers

Another case of a good concept but executed by idiots who can't think

Look at Jbog's example symbol:

MNTA 05 22 2010 20.00 C

This would work vastly better as

MNTA05 20.00 C 2010

Consider screen real-estate, and what is most important. Since you are often looking within your own account, most would recognise any ambiguity either 1 or 8 characters earlier.

Yes, occasionally you might have both leaps and calls, but that is vastly less common that having contracts at different excises.

One could argue if the strike price should be before the month, but I would want month first for several reasons, most importantly in case I need to act soon.

But why would anybody have day in there? Do we have contracts now that do not strike on the third Friday?

I know this sounds picky, but when you are making such high impact changes, and the issue is this simple, it does seam like one should get it right.