Stock Options Contract Specification
Option Types: Puts and calls
Contract Size: Please refer to the list of Stock Options
Minimum Fluctuation: HK $0.01
Contract Months: Spot, the next two calendar months & the next two quarter months ^
Options Premium: Quoted in HK dollars on a per share basis
Strike Prices (HK$):
 
Up to $2
$2 to $5
$5 to $10
$10 to $20
$20 to $50
$50 to $100
$100 to $200
$200 to $300
$300 to $500
  
Interval Group A (HK$)Interval Group B (HK$)
$0.10$0.10
$0.20$0.20
$0.50$0.50
$1.00$0.50
$2.00$1.00
$5.00$2.50
$5.00$2.50
$10.00$5.00
$20.00$10.00
Trading Hours: 9:30am - 12:00pm and 1:30pm - 4:00pm
Expiry Day: Business day immediately preceding the last business day of the contract month
Exercise Style (American): Options can be exercised at any time up to 3:00 p.m. on any trading day and including the last trading day
Settlement: Physical delivery of underlying shares on exercise and settlement period are:
T + 1 (options premium, payable in full) or
T + 2 (stock transfer following exercise)
Product Name: Please refer to the list of Stock Options


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