Options symbols transition completed

This last weekend the option symbol transition coordinated by The Options Clearing Corporation completed, with the last set of symbols, starting with underlying symbols of  S through Z, switched over to the new system.   In almost all cases the 3 to 5  letter underlying symbol now works as the option identifier.    I think the new system is a real improvement.   I wish all the brokers had implemented it the some way, but I guess that would be too much to ask.  Click here to see the Schwab, Fidelity, and the generic approaches.

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