Euronext launches options on Grandvison

That’s pretty fast. Euronext is launching options on Grandvision, the optical retail chain. Stock itself will probably qualify for inclusion in the AEX index next year – depending on how many shares owner HAL Investments will sell in the market in the coming months. After all, they still won 76.7% of the firm.

IPO of Grandvision was exactly one month ago, on February 6th. In a week the options will be introduced, on March 16th. It will be a part of the “spotlight” segment – a kind of fast track for introduction of the options and a with limited lifetime cycle of 1, 2 and 3 months.

Euronext remains very happy with Tjerk Westerterp’s “spaghetti strategy”. Throw all sorts of stuff at the market, and see what sticks around. Saves a lot in the marketing budget. Though this GVN options could be a succes. We’ll see.