1 option = 100 shares, 1 futures option = ? contracts?

[1a2b3cppp]

Sorry for the nooby noobsmith question.

 

[Robert Morse]

1 equity option controls 100 shares
1 option on a future controls 1 future. (Each future has a different sizes e,g. ES future is 50/point, CL is 1000/point, GC is $100/point etc.)

http://www.cmegroup.com/education.html

Bob

 

[Jack1960]

Bob is right.1 option equals 1 future contract. 1 future option is worth lot more dollars than a typical stock option. Also spreads on future options are wider.

 

[1a2b3cppp]

Thanks for responding.