your buying an option is a contract. 1 option is 100 shares ...
your buying an option is a contract. 1 option is 100 shares so you multiply the cost by 100. that's why in the example the total cost is $1,051.00.
@RennyMc：I don’t understand this either. So when you buy 1 share are you automatically given 100 shares (options)?
What are options?
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