I'm thinking :)Now if one option contract covers 1000 shares and...

  1. raine
    340 Posts.
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    18/06/10
    04:21
    Post #: 6814037
    I'm thinking :)
    Now if one option contract covers 1000 shares and you can exercise your contract at the strike of 25 cents.

    Then would it be 25*1000 or $250 per contract to exercise?

    I guess if you have 100 contracts it would cost $25000 to exercise them all?

    As I said I am also a newbie and I hope I haven't confused you. Let me know if my understanding is wrong.
    Cheers
    raine
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    lightbulb Created with Sketch.  Great analysis
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