Home > Term: Number of underlying shares per contract
The amount of the underlying security included in the options contract. This is 100 shares for one equity option contract unless adjusted for a special event, such as a stock split or a stock dividend, merger or spin off.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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- Harry8L
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(London, United Kingdom)