Basic option education part 22 contract specifications.

Okay this is very important.

1 contract of the standard American equity options will represent 100 shares of the actual stock.

So if you have 100 shares of ge and you want to sell a covered call.

You would do the following. Sell to open, choose quantity of 1 and there you go.

You don't select 100
 
Quote from KINGOFSHORTS:

Okay this is very important.

1 contract of the standard American equity options will represent 100 shares of the actual stock.

So if you have 100 shares of ge and you want to sell a covered call.

You would do the following. Sell to open, choose quantity of 1 and there you go.

You don't select 100

Correct
 
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