Oslo Listed Stock Options 
Contract sizeOne option normally equals rights over 100 underlying shares.
 
Unit of trading100 at contract initiation [1]
Pricing unit/quotationNOK per share
Minimum price movement (tick size)Central Order Book:
If the premium of an order at order entry is below or equal to NOK 0.25, the tick size is NOK 0.01 (NOK 1 per contract); if the premium of an order at order entry is between NOK 0.25 and 4.00, the tick size is NOK 0.05 (NOK 5 per contract); if the premium of an order at order entry is between NOK 4.00 and 8.00, the tick size is NOK 0.10 (NOK 10 per contract); if the premium of an order at order entry is above NOK 8.00, the tick size is NOK 0.25 (NOK 25 per contract).

Large-in-Scale Facility: 
NOK 0.0001 (NOK 0.01 per contract)
Option styleAmerican style
Holders of long positions are entitled to exercise their options before the expiration date.
Expiry monthsWeekly; 1, 2, 3 monthly; 6, 9, 12 months quarterly (of the March, June, September, December cycle); 18, 24 months half yearly (of the June, December cycle).

See the document "Expiry Months Listed Per Class" in "Related documentation" to find out which expiry months are listed per class.
 
Introduction of new exercise prices and exercise price intervalsSee the document "Euronext Series Introduction Policy for Individual Equity Option Contracts" in "Related documentation" to find the series introduction policy.
Introduction of new expiry monthsNew expiry months are available for trading on the first business day after the expiry of a maturity. 
Wholesale services"Large-in-Scale Facility. 
See the “LIS Thresholds” document for the minimum size thresholds."
Euronext marketOslo
Last trading dayTrading ceases on the third Friday of the expiry month. In the event that the third Friday is not a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.
ExerciseExercise is possible until 19:45 CET/ CEST on any business day, including third Fridays [2]
SettlementPhysical delivery of 100 shares (or other such number of shares as determined by the terms of the contract) through the settlement system of Euronext Clearing.
Settlement dayTwo business days after the exercise day
Option premiumPayable in full by the buyer on the business day following a transaction
Clearing organizationEuronext Clearing 
Trading hoursCentral Order Book
Call Phase: 07:30 - 09:01 CET/CEST
Continuous Trading: 09:01 – 16:20 CET/CEST

Large-in-Scale Facility 
07:30 – 18:30 CET/CEST
Trading platformOptiq
AlgorithmCentral order book applies a Price Pro Rata trading algorithm. With this algorithm priority is given to orders at the best price (highest for a bid, lowest for an offer). If there are several orders at this best price, equal priority is given to every order at this price and incoming business is divided among these orders in proportion to their volume
Last update17 November 2025
  
 [1] Apart from exceptions or temporary adjustments for corporate actions. See the document "Unusual Contract sizes" in "Related documentation" to find an overview of non-standard contract size classes.
[2] On the Last Trading Day, in-the-money options are automatically exercised, unless contrary instructions are received from the client/member. Please check the exact exercise rules with your clearing member.
 In the United States these products may only be offered and sold to prescribed entities under specified conditions.