Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Options Price Reporting Authority

Read a random definition: inviolability

A quick definition of Options Price Reporting Authority:

Options Price Reporting Authority (OPRA) is a system approved by the SEC that collects and shares information about the last sale and quotes of options traded on five different exchanges. These exchanges include the American Stock Exchange, the Chicago Board of Options Exchange, the New York Stock Exchange, the Pacific Stock Exchange, and the Philadelphia Stock Exchange. OPRA helps investors and traders make informed decisions by providing them with accurate and up-to-date information about options trading.

A more thorough explanation:

The Options Price Reporting Authority (OPRA) is a national market-system plan that has been approved by the Securities and Exchange Commission (SEC). Its purpose is to collect and distribute information about the last-sale and quotation prices of options traded on five different exchanges. These exchanges include:

  • American Stock Exchange
  • Chicago Board of Options Exchange
  • New York Stock Exchange
  • Pacific Stock Exchange
  • Philadelphia Stock Exchange

OPRA is responsible for collecting and disseminating this information to investors and traders in a timely and accurate manner. This helps to ensure that the options market operates efficiently and transparently.

For example, if an investor wants to buy a call option on a particular stock, they can use OPRA to find out the current market price of that option on each of the five exchanges. This information can help the investor make an informed decision about which exchange to trade on and at what price.

option spread | option to purchase real property

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
LSD+ is ad-free, with DMs, discounts, case briefs & more.