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Options Contract

Options are sold in contracts; 1 contract is equal to 100 shares.

The quoted price of an option is "per share".

Related Terms:

Futures Contracts
Agreement to buy or sell an underlying security at a predetermined date at an agreed price. ...

Covered Call
A strategy that involves buying stock shares and selling calls. If the calls are assigned, the ...

Derivatives are financial instruments whose value is based on the market value of an underlying asset ...

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