Home > Term: number of underlying shares per contract
number of underlying shares per contract
The amount of the underlying security included in the options contract. This is 100 shares for one equity option contract unless adjusted for a special event, such as a stock split or a stock dividend, merger or spin off.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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- MJ63
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