The Options Price Reporting Authority is a committee currently comprised of
Chicago Board Options Exchange Incorporated, International
Securities Exchange Inc., NASDAQ OMX PHLX, NYSE Amex Options, and NYSE Arca Options. These Exchanges have been authorized by the Securities and Exchange Commission
pursuant to Section 11A(a)(3)(B) of the Securities Exchange Act of 1934, as
amended, to act jointly as parties to the Plan for Reporting of Consolidated
Options Last Sale Reports and Quotation Information (said plan as amended from
time to time in accordance with the provisions thereof is hereinafter referred
to as the "Plan," and the parties to the Plan as they exist from time to time
are hereinafter referred to collectively as the "OPRA Participants"). The Plan
provides that the consolidated options information reporting system described
therein shall be administered by the OPRA Participants through a committee designated
as OPRA, and all references in this User Agreement, and in this website generally,
to OPRA mean the OPRA Participants acting pursuant to the Plan
Your access to or use of
the OPRA web site constitutes your agreement to the following terms and conditions:
OPRA's website is intended to provide information with respect to OPRA's activities.
No statement in this website is to be construed as furnishing investment advice
or being a recommendation, solicitation or offer to buy or sell any option or
any other security. Options involve risk and are not suitable for all investors.
Prior to buying or selling an option, a person must receive a copy of Characteristics
and Risks of Standardized Options. Copies of this document may be obtained from
your broker or from any exchange in the United States on which options are traded.
2.Disclaimers of Warranties
THERE MAY BE OMISSIONS OR INACCURACIES IN THE INFORMATION PROVIDED ON THIS WEBSITE,
AND YOUR ABILITY TO ACCESS THIS WEBSITE MAY FROM TIME TO TIME BE DELAYED AND/OR
INTERRUPTED DUE TO SCHEDULED AND/OR UNSCHEDULED CAUSES. THIS WEBSITE IS PROVIDED
ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT ANY WARRANTY OF ANY KIND. OPRA
MAKES NO EXPRESS, IMPLIED OR STATUTORY REPRESENTATION OR WARRANTY REGARDING
THIS WEBSITE. TO THE FULLEST EXTENT PERMITTED BY LAW, OPRA SPECIFICALLY DISCLAIMS
ALL REPRESENTATIONS OR WARRANTIES AS TO THE ACCURACY, COMPLETENESS, TIMELINESS,
NON-INFRINGEMENT, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE OF THIS
WEBSITE, AND ALL REPRESENTATIONS OR WARRANTIES ARISING FROM CUSTOM OR USAGE
OR BY OPERATION OF LAW.
OPRA ACCEPTS NO RESPONSIBILITY
FOR ANY ERRORS OR OMISSIONS IN, OR THE CONSEQUENCE OF RELYING OR ACTING ON,
INFORMATION AVAILABLE THROUGH THIS WEBSITE OR ANY THIRD PARTY SITE THAT IS ACCESSED
THROUGH THIS WEBSITE. ANY RISK OF VIRUSES OR OTHER FORMS OF ELECTRONIC CONTAMINATION
REMAINS, AT ALL TIMES, WITH THE USER OF THIS WEBSITE.
IN NO EVENT WILL OPRA BE LIABLE FOR ANY CLAIMS FOR DAMAGES (INCLUDING DIRECT,
INDIRECT, CONSEQUENTIAL OR SPECIAL DAMAGES), EVEN IF ADVISED OF THE POSSIBILITY
OF SUCH DAMAGES, ARISING OUT OF YOUR USE OF OR RELIANCE ON THIS WEBSITE.
This website provides links to other websites. These links are provided for
convenience and informational purposes only, and not for purposes of making
any endorsement or recommendation. You should be aware that when you select
a link on the OPRA website you may be leaving the website. The information available
on other websites may have certain restrictions on its use or distribution.
Users should make themselves aware of such restrictions. OPRA is not responsible
for, nor has it developed or reviewed, the content of those sites, and does
not make any warranty, express or implied, as to the accuracy, usefulness or
timeliness of such information.
Information available on this website is owned, licensed or controlled by OPRA
or third parties who have permitted OPRA to hypertext link or frame information
from their sites. OPRA does not permit unauthorized linking to or framing of
this website. Any third party interested in creating a link to or framing content
from this website is required to agree to a Linking and Framing Agreement with
OPRA that describes the terms and conditions that will apply to such activities.
OPRA reserves the right to refuse to agree to any such agreement, and also reserves
the right to disable any unauthorized link to or framing of this website. OPRA
does not accept any responsibility for information available through any other
website as a result of any unauthorized linking or framing activity.
5.Changes to User Agreement.
OPRA reserves the right to change the terms of this User Agreement at any time.
Any such change will become effective immediately upon publication on this website.
Your expectations of privacy are important. Please carefully read our separate
Any person accessing or using this Web site has the following obligations: (a)
to provide accurate information; (b) to comply with all applicable laws and
regulations; (c) not to introduce into this website, or any network or equipment
supporting it, any virus, worm, harmful code, Trojan horse, or other disabling
device; (d) not to attempt to interfere with or disrupt the website or any network
or equipment supporting it; (e) not to attempt to gain improper access to or
otherwise interfere with any system or network connected to the website; and
(f) not to use the website to send or otherwise distribute junk mail, spam,
chain letters, or other unsolicited materials for mass distribution. Any violation
of these obligations is grounds for denying a user access to and use of this
website, in addition to any other available remedies.
OPRA uses software programs and other tools to monitor traffic on this website
to identify unauthorized attempts to upload or change information, or otherwise
cause damage to the integrity of the website. OPRA reserves the right to terminate
access to this website, with or without notice, either generally or with respect
to one or more particular IP addresses or Internet sites. OPRA reserves the
right to right to pursue all available remedies for any violation of these terms
and conditions. If any clause of this User Agreement is declared invalid, that
clause shall be deemed severable and shall not affect the validity or enforceability
of the remainder. This User Agreement shall be governed by the laws of the State