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New options listed, page-11

  1. 141 Posts.
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    Hey all, just wanted to confirm something with RR1O. Typically 1 option contract = 100 shares right? So if I wanted 100,000 shares I would buy 1,000 option contracts. The current price is $0.005 so 1,000 contracts should cost $500. When I put 1,000 quantity in Commsec the cost is $5 + brokerage so it looks like the RR1O quote is for one share and not one contract? I have never bought options through ASX before so just wanted to confirm.
 
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