Put options, how many shares?

A

abrejner

Hello, I am new to the forum, but have been trading for some time.

I am looking into insurance through options, but I need to know how exactly it works..

Lets say I buy this:

35.000 .SNDK\10V16\35.0 price:1.480

How many shares does that "count" for?


anders
 
Quote from abrejner:

Hello, I am new to the forum, but have been trading for some time.

I am looking into insurance through options, but I need to know how exactly it works..

Lets say I buy this:

35.000 .SNDK\10V16\35.0 price:1.480

How many shares does that "count" for?


anders
More...

anders,

Put options usually represent 100 shares unless there has been an adjustment.

However, I would warn that knowing this is one of the most basic pieces of info to learn about options trading and I think you really need to study options quite a bit more before even trying one trade. Sorry to sound so direct, but again, please study puts and calls more before doing any trades.

JJacksET4
 
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