How Many Shares in an Options Contract?
One equity option controls 100 shares, until a split, a cash merger or an index multiplier rewrites the deliverable. Read the real options contract size.
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One equity option controls 100 shares, until a split, a cash merger or an index multiplier rewrites the deliverable. Read the real options contract size.
NDX options expire on the third Friday, AM settled from the opening prints, and stop trading the Thursday before. Every remaining 2026 date is listed.
ASX options expiry falls on a Thursday, and ASX 200 index options cash settle against the opening price calculation. The dates and the Sydney cut off times.
How many puts to hedge a portfolio? The contract formula worked through at the same index level for SPX, XSP and SPY, with rounding and cost in dollars.
SPX options stop trading on two clocks: the AM settled monthly ends its session on Thursday, while SPXW weeklies run into Friday. Both cutoffs, with data.
SPX options vs ES futures options, side by side: $100 vs $50 a point, cash vs futures settlement, SPAN 2 vs Reg T margin, 23-hour sessions and 60/40 tax.
NDX vs QQQ options compared on contract size, cash or share settlement, exercise style, AM or PM expiry and 60/40 tax, with same-day IV and volume data.
What time do options start trading? US listed options open at 9:30 a.m. ET. Here is the 7:30 a.m. order acceptance window and the overnight index session.
Nikkei 225 options settle in cash against the SQ, an opening print from all 225 stocks. How the second Friday settlement works and what long premium costs.
AM settled index options settle off Friday's opening quotation and stop trading Thursday. PM settled options run to the close. The gap between them, measured.