New Option Mini Contracts Posted at: March 19th - 6:49 AM Weekly Option Alert Alert Message Some of you may not be aware that as of yesterday the option exchange came out with a new product called an option mini contract. This contract controls 10 shares versus the traditional contract that controls 100 shares. We do not deal in the mini contract at this time. The option chain has a "7" directly after the letters, for instance AAPL 460 Apr mini would look like this AAPL7130420C460. Limits & Stops SELF DIRECTED TRADERS: Weekly Option alerts should be traded with 50% stop loss targeting 20% - 50% returns. Additional Trades View all recent trades. Weekly Options Instructions All options are buy to open, sell to close. Options follow the following format: Stock + Expiration Date + Option Type + Strike Price. Example QQQ201220C120 = QQQ 2020/12/20 Call $120. Read Weekly Options Guidelines for more information about how to trade our Weekly Options strategy.