Futures Options Question

Discussion in 'Financial Futures' started by trader60611, Oct 8, 2007.

  1. trader60611

    trader60611

    Nov JPY .0865 Calls trading at .000067
    Multipliier=2,500,000

    Does this mean the premium is 170?
    Did I understand the multiplier correctly?
     
    #1     Oct 8, 2007
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  2. katesdp

    katesdp

    67 x 12.50 =$837.50
     
    #2     Oct 8, 2007
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  3. Chriz

    Chriz

    The multiplier is 12,500,000
     
    #3     Oct 8, 2007
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