How do you know which ticker to pick for an option when two are listed? (post-LEAPS conversion)

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Doji7 answered a question in Options.
116 points

Doji7 answered 3 months ago …

Look for higher open interest, and option volume.when choosing a option..you want to have enough buyers and sellers to give you a better price when you buy and later sell your option

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alanj answered a question in Options.
732 points

alanj answered 3 months ago …

Doji7 is correct. But, if both options have about the same volume and open interest other things to check for to narrow down your choice would be to pull up a price chart on each option (not the underlying stock) and see which one currently has better price swings. If that's about the same check for the option with the longest expiration date. If that's the same, and you have a set maximum amount that you want to spend, see which option will give you more contracts. If you can think of any other reason that will give one option an advantage over the other, use it. At this point both options are equal so, I'd say flip a coin.

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