Contract Size Usually 1,000 shares per contract. This may be adjusted for rights, bonus issues and other capital adjustment events.
Tick Size
$0.001 per share = $1.00 (contract size 1000 shares) for premium below 1 cent.
$0.005 per share = $5.00 (contract size 1000 shares) for premium of 1 cent or more.
Exercise Style Usually American, i.e. exercisable on or before the expiry date.
Exercise Price Generally set by the ACH subject to strike price intervals. Occasionally subject to an adjustment due to a corporate action by the underlying company.
Contract Months As detailed in ASX Options expiry calendar
Expiry Date Thursday before last Friday of the settlement month. This may change due to public holidays Trading Hours Normal trading 10.00am to 4.20pm (Sydney time). Late trading 4.20pm to 5.00pm and overseas trading in accordance with the ASX Market Rules Settlement Physical delivery of underlying security
