Federal Register #SR-NYSEAMER-2026-26

NYSE American LLC Proposes Expanded Short Term Options Expirations for Select Stocks and ETFs

This notice concerns a proposed rule change by NYSE American LLC, published by the Securities and Exchange Commission (SEC), regarding the Short Term Options Series Program. - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - No OEMs or commercial vendors are involved; this is a regulatory action - Products/Services Requested: - Amendment to the Short Term Options Series Program - Permits listing up to two Monday and Wednesday expirations for options on certain individual stocks and Exchange-Traded Fund Shares (ETFs) - Applies only to securities meeting these criteria: - Market capitalization over $700 billion (for stocks) - Assets under management over $50 billion (for ETFs) - Monthly options volume over 10 million - Position limit of at least 250,000 contracts - Participation in the Penny Interval Program - Unique or Notable Requirements: - Modeled after a similar rule for Nasdaq ISE, LLC - Expirations cannot be listed on days with post-market earnings announcements - Aims to provide investors with increased flexibility and hedging tools by expanding available expiration dates for qualifying securities

Description

The Securities and Exchange Commission published a notice regarding a proposed rule change by NYSE American LLC to amend its Short Term Options Series Program. The amendment would allow the listing of up to two Monday and Wednesday expirations for options on certain individual stocks or Exchange-Traded Fund Shares that meet specific liquidity and market capitalization criteria. This change aims to provide investors with more flexibility and hedging tools by expanding the available expiration dates for qualifying securities. The proposal is based on a similar rule approved for Nasdaq ISE and is intended to enhance market efficiency and investor protection.

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