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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: Jerry B. who wrote (11369)3/11/1999 12:57:00 PM
From: Ruyi  Read Replies (1) | Respond to of 37507
 
Does This help ??????

Strike price: The price at which the underlying stock may be bought
(for a Call) or sold (for a Put).

Unit of trading: The quantity ( multiplier ) of the underlying interest for each option contract. For example, for stock options 100 shares of stock underlie each equity option contract.

Premium: This is the price of the option quoted on a per unit of trading basis. For example, if an stock option is quoted a premium of $1.00, to buy one contract would cost $1.00 times the multiplier, in this case 100, or $100 plus any applicable commission.

Call: A contract allowing the holder to buy a specific quantity of underlying interest at a specified price during a specific period of time, regardless of the current market price of the underlying interest.

Put: A contract allowing the holder to sell a specific quantity of underlying interest at a specified price during a specific period of time, regardless of the current market price of the underlying interest.