Options glossary · The contract
One option is one hundred shares. A quoted option price is per share, so the cost of a contract is the price times one hundred, and exercising a call means buying one hundred shares at the strike.
Part 1 of the course, Option basics and use cases: what an option is, how calls and puts pay off, and every Greek with the intuition before the maths. See the course →
The full picture
Sven Hubens, ten years an options market maker at Optiver and Maven, adjunct faculty at The Options Institute at Cboe.
Education, not advice. Amsterdam Investment Club is not licensed by the AFM to give individual investment advice.