If everything goes as planned, Facebook options trading will begin in two weeks. More specifically, traders will be able to use options to speculate on the direction of Facebook shares starting on May 29. That's when U.S. options exchanges expect to list contracts on the FB stock, according to the International Securities Exchange (ISE).
Other U.S.-based options exchanges will likely follow suit, as long as trading volumes are met. With the hype surrounding Facebook right now, I really wouldn't be surprised if they exceed expectations.
Citadel Securities will serve as the Primary Market Maker for Facebook at ISE. The May 29 options listing date will hold assuming we see a successful completion of Facebook's initial public offering (IPO) on Friday. The ISE says contract specifications will be determined when the new listing is certified by The Options Clearing Corporation (OCC) prior to trading.