Position Limits A limit set by the exchange on which an option trades as to the number of standard options contracts on the same side of the market on the same underlying security that an investor may hold at any given time. Set at 75,000, 60,000, 31,500, 22,500 or 13,500 contracts for each option class. Reviewed semiannually (January 1 and July 1). See side of market.
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