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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)
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To: wmwmw who wrote (848)5/28/1998 10:38:00 AM
From: Caroline  Read Replies (1) of 2241
 
100 contracts controls 10,000 shares of stock.

Be precise in your wording or your broker will be forced to repossess your account.

A 100 contract purchase at, say, $5, is a $50,000 purchase. That's your capital outlay.

100 contracts
100 shares per contract
=======
10,000
5 per contract
======
50,000 capital outlay
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