OEX

Categories: Derivatives

The name of a secret "special projects" division inside the Pentagon? An up-and-coming SoundCloud rapper? A new street drug?

Nope. OEX represents the ticker symbol for the S&P 100 index. If you wanted to look up the current trading price for the index, or buy or sell options based on it, you would use that designation.

The S&P 100 is like the cool kids' table for the S&P 500 (the cool kids' table for the overall market). It's like the VIP room for the VIP room. The OEX represents the biggest, most influential companies.



Find other enlightening terms in Shmoop Finance Genius Bar(f)