I must be looking at the screen too long, LOL. You are correct. European style. They cannot be excercised early. The main point I was trying to make concerned the settlement procedures. European style / American style AM / PM settlement SPX quarterlies are European style AND PM settlement. Sorry for any confusion. AZD
Quarterlies are just another opportunity to bring in some premium. I never play them until the last week before expiration. Then I will try to sell premium on SPY, XLE, DIA, and IWM options.