Options on SK Hynix Inc.’s American Depository Receipts (ADRs) begin trading on US options exchanges, according to Bloomberg and NDTV. Both reports say Tuesday marks the start of trading for the ADR options, allowing investors and traders in the US derivatives market easier access to the South Korean memory chipmaker.
Bloomberg notes that the new options contracts are American-style and that trading “leans to” short-term contracts, reflecting how participants structure positions in the newly available market. NDTV reports that the ADR premium increases sharply—rising to about 51% over Korean shares—around the time the options start trading. It describes the premium ballooning as the ADR options move into active trading in the United States.
Together, the coverage links the US options listing with a near-term market move in the ADR premium relative to the underlying Korean shares, while also highlighting that the rollout expands derivatives availability for SK Hynix in the world’s largest options market.
