Why I Can’t Find AMC Options for Upcoming Months

Summary:

  • The main problem reported by the user is the absence of AMC Options listed for several future months, including November 2023 through May 2025.
  • The user explains that options are organized into three cycles with specific month listings, which may affect the availability of options for AMC.
  • Another user notes confusion regarding an options call, indicating adjustments to AMC options contracts.
  • A Fidelity representative suggests that users enable the “Adjusted” or “Adj” toggle on their options chain screener to view the adjusted options and provides a link to further information.
Here’s the full thread
Cheese
08/19/2023 at 16:55:29 PDT
Hi I was wondering why AMC Options are not listed for November 2023 February 2024 April 2024 – December 2024 February 2025 – May 2025
Cheese
08/19/2023 at 17:16:13 PDT
I mean the Answer is clear as day. ……….. Rules of Options Option Cycle Assignments Options are assigned to one of three cycles at their listing. Originally cycles were divided by four months. In 1984 regulatory authorities decided that a listed option should have the two front months available for its investors. This changed the listing of options to include the first two front months followed by the next two months in the cycle. There are three option cycles that a listed option can be assigned to on the public markets: JAJO – January, April, July, and October FMAN – February, May, August, and November MJSD – March, June, September, and December Note that the options on the January cycle have contracts available in the first month of each quarter (January, April, July, and October). Options assigned to the February cycle use the middle month of each quarter (February, May, August, and November). Options in the March cycle have options available during the last month of each quarter (March, June, September, and December). Special Considerations It should be noted that nowadays the cycle is less important for heavily traded stocks and index-tracking exchange-traded funds because of the publication of weekly options. Since weekly options are available to be traded, an investor that wants to extend their expiration date can roll a quarterly option to any given week of the year. It is also important for investors to understand what happens to a cycle when a month passes. Each cycle will always have the two front months available. After a month passes the last two remaining months continue to follow the originally assigned cycle. For example, in February the cycle one option availability would be February, March, April, July. In June, the cycle one option availability would be June, July, October, January.
Meeknola
09/05/2023 at 20:57:42 PDT
i had option call for 12/15 but it says amc2
im not understanding this
FidelityMarian
09/06/2023 at 06:16:17 PDT
Thanks for reaching out, @Meeknola . Options contracts on AMC have been adjusted by the Options Clearing Corporation (OCC). To view adjusted options, make sure to enable the “Adjusted” or “Adj” toggle on your options chain screener. Check out our FAQ for more info: https://www.fidelity.com/go/amc-corporate-action-faqs 🟢

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