Large Options Positions Report (LOPR) – Over-the-Counter

Term	Description
Unequal Long and Short Positions	Members must report any account or accounts acting "In Concert" that hold over 200 contracts on either the long call/short put (bullish) or the short call/long put (bearish) side of the market. A member must report every subsequent change in the account’s end of day (exchange traded & OTC) or intraday (OTC) positions. If an account drops below 200 contracts, the member must report the first time that the account falls below the reporting threshold and then may stop reporting for as long as the position does not exceed 200 contracts. Firms may continue to maintain positions previously reported, until the position is expired or closed. If a firm chooses to continue reporting positions below 200 contracts, when the position is closed, the firm must submit a delete record, indicating the position in that series has been closed.
Incorrect Tax ID	Reporting where Tax IDs could not be reconciled.
Tax ID Foreign / Country Code US	Positions with a foreign tax ID but where the account is domicile at a US address.
Address without numbers	Positions should be reported with the address where the account is domiciled. Incomplete physical street addresses will be reported here.
Incorrect City or State	Positions should be reported with the address where the account is domiciled. Incomplete physical street addresses will be reported here.
Accounts Acting In Concert	Firms who clear positions of other broker-dealers on a fully disclosed basis must have their own reasonable process to identify and report accounts that are acting In Concert. Both the broker-dealers and the clearing firms must have a reasonable process to identify and report accounts as acting in concert. If positions are reported to the clearing firm on an omnibus basis, only the member reporting the individual accounts to the LOPR must have a reasonable process to identify and report accounts that are acting In Concert. Updates to the In Concert groups may be submitted as frequently as daily. Members must report any account or accounts acting "In Concert" that hold over 200 contracts on either the long call/short put (bullish) or the short call/long put (bearish) side of the market. A member must report every subsequent change in the account’s end of day (exchange traded & OTC) or intraday (OTC) positions. If an account drops below 200 contracts, the member must report the first time that the account falls below the reporting threshold and then may stop reporting for as long as the position does not exceed 200 contracts. Firms may continue to maintain positions previously reported, until the position is expired or closed. If a firm chooses to continue reporting positions below 200 contracts, when the position is closed, the firm must submit a delete record, indicating the position in that series has been closed.
Total Exceptions	Total number of issues found during the period.

Term	Description
Long vs. Short
Exercise Type	The Option's Exercise Style: E - European-style option contracts A - American-style option contracts
Holding Firm CM	The Firm’s OCC Number.
Count	The count of records included in this exception.
Long Position	The aggregate long position quantities (Please note this does not indicate bullish positions).
Short Position	The Aggregate Short Position quantities (Please note this does not indicate bearish positions).
Diff %	Percentage of long and short positions.
Incorrect Tax ID
Holding Firm CM	The firm’s OCC number.
Account Number	The Customer's account number.
Count	The count of records included in this exception.
Tax ID Foreign US Country Code
Holding Firm CM	The firm's OCC number
Account Number	The Customer's account number
Count	The count of records included in this exception.
Address with no number
Holding Firm CM	The firm's OCC number
Account Number	The customer's account number.
Count	The count of records included in this exception.
NA Address City State
Account Number	The customer's account number.
AIC - Acting In Concert
Position Date	The position date.
Holding Firm CM	The firm's OCC number.
Underlying Symbol	The option's underlying symbol.
Count	The count of records included in this exception
Count of Accounts without Acting in Concert number	The count of accounts identified that potentially are in-concert with other accounts; however, do not contain an in-concert number.
Account Number	The customer's account number.