one unit option contract equals 100 options?

CFA Level II Portfolio Management
#1

Not sure if “each contract contains 100 options” is always right? Thanks.

#2

in real life that’s how it trade, don’t think that’s the same in the text though.

#3

Thanks. Good to hear real life using it as well. I saw one questions using “contract”, and need us to calcuate number of options. The answer using one contract = 100 options relationship.

#4

Real life relationship is 1 cotnract = 100 stocks.

#5

the cfai mock exam 1 had a call put question and it was clearly 1 option for 1 share. I’d assume simplicity, 1 option for 1 share unless stated otherwise.