| Item | Stock Options Summary | |||||||||||||||||||||||||||||||||
| Option Types | Puts and calls | |||||||||||||||||||||||||||||||||
| Contract Size | One board lot of the underlying shares.( Except for some contract) | |||||||||||||||||||||||||||||||||
| Contracted Value | Option Premium multiplied by the Contract Size | |||||||||||||||||||||||||||||||||
| Contract Months | Spot, the next three calendar months and the next three calendar quarter months (The Exchange may introduce any other longer-dated expiry month in selected stock option classes as it deems necessary) |
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| Minimum Fluctuation |
HKD 0.01 HKD 0.001 be introduced in four stock option classes: 1) Bank of China Limited 2) China Construction Bank 3) Industrial and Commercial Bank of China 4) Agricultural Bank of China |
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| Option Premium | Quoted in HK dollars on a per share basis | |||||||||||||||||||||||||||||||||
| Strike price |
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| Expiry Day | The business day immediately preceding the last business day of the contract month | |||||||||||||||||||||||||||||||||
| Exercise style(American) | Options can be exercised at any time up to 6:45 p.m. on any business day up to and including the last trading day. | |||||||||||||||||||||||||||||||||
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