Options on CL Futures FOR DUMMIES

Discussion in 'Commodity Futures' started by bobbymak880, May 8, 2008.

  1. bobbymak880

    bobbymak880

    I know that in equities the price of an option is multiplied by 100 and that's your price.

    I know NOTHING about futures options. Is the 100 multiplier the same in futures?
     
    #1     May 8, 2008
    Share
  2. cszulc

    cszulc

    Nope, an futures option is just for one contract of the underlying.

    So, one option on CL would be an underlying 1,000 barrels of crude.
     
    #2     May 8, 2008
    Share