Penny Pilot Program – Replacement Classes to be added on April 2, 2020 March 20, 2020 Effective Thursday, April 2, 2020, the Cboe Options Exchanges (BZX Options, Cboe Options Exchange, C2 Options, and EDGX Options) will replace three delisted issues in the Penny Pilot with the next most active, multiply-listed issues not yet in the Penny Pilot Program. Penny Pilot Program – Replacement Classes to be added on April 2, 2019 - Update Reference ID: C2019040101 Overview (UPDATED) Effective Tuesday, April 2, 2019, subject to regulatory review, the Cboe Options Exchanges (BZX, Cboe Options Exchange, C2 and EDGX Options) will replace four delisted issues in the Penny Pilot with the
The minimum increments for all classes in the Penny Pilot (except for QQQQ, IWM and SPY) are: $0.01 for all option series with a premium below $3 (including LEAPS), and $0.05 for all option series with a premium of $3 and above (including LEAPS). The penny pilot program allows some stocks and indexes to trade their related options in increments of $0.01.

Other Rule Filings Incorporated by Reference into BZX and EDGX Options Rules Penny Pilot Program – Replacement Classes to be added on January 3, 2018 .

I know that there are those who will pooh-pooh the small amount each trade will improve by, but I’ll bet these same folks are cutting $0.50 coupons out of … Specifically, the Penny Program allows the quoting and trading of certain option classes in minimum increments of $0.01 for all series in such option classes with a price of less than $3.00; and in minimum increments of $0.05 for all series in such option classes with a price of $3.00 or higher.
Overview Effective Wednesday, January 3, 2018, the Cboe Options Exchanges (Cboe, C2, BZX and EDGX Options) will replace five delisted issues in the Penny Pilot with the next most - active, multiply

The Penny Pilot Program is another tool Blue Collar Investors can use to level the playing field with Wall Street Insiders.