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

Discussion in 'Options' started by 1a2b3cppp, Jan 9, 2018.

  1. Sorry for the nooby noobsmith question.
     
  2. Robert Morse

    Robert Morse Sponsor

    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
     
    tommcginnis likes this.
  3. Jack1960

    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.
     
  4. Thanks for responding.