The option multiplier is the quantity of underlying per contract: 100 shares for a standard US equity option, $100 per index point for the large index options. An option series is the set of contracts with the same underlying, type, strike and expiry: the unit that has a symbol, a quote and an order book. A call is in the money when the underlying is above its strike, a put when it is below; the amount is the option’s intrinsic value.
Quantitative Finance · Glosario
¿Qué es Multiplier, series, moneyness?
También llamado: option multiplier · option series · in the money · intrinsic value