1 option contract = 100 shares

As it is nothing given in the vignette, should we assume that 1 option contract = 100 shares?


That is the standard unless noted otherwise

Thanks Galli.

Galli, you look over the delta hedging from a dealer perspective incorporating a benchmark? Do you understand that ish?

Only thing I’ve seen about delta hedging from the dealer’s perspective is going long/short the underling.

What’s this thing about a dealers benchmark?!