http://finance.yahoo.com/q/op?s=F Above is the link to options for Ford Motor Company (F). Can someone please explain the point system to me. All I need to know is how much the July 5 call is. The 'Last' column says 0.60 as the price for the 5 call. Does 0.60 represent $60 for the 5 call or $600 for the 5 call. Thank-you
well an option is "worth" 100 shares of stock...so in your example: $5 strike is $0.60 multiply *100 equals: $60 total for 1 call option
As of End of Day (EOD) June 24 both yahoo.com and CBOE.com have Ford stock closing at $5.32. July 5 call options are: bid $0.55 ask $0.57 Last sale/trade: $0.55 You would pay $57.00 (excluding commissions) to buy one July 5 call option (100 x .57= 57.00).