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Old 11-27-2004, 02:26 AM  
lil2rich4u2
ICQ: 175171926
 
Join Date: Oct 2002
Location: New York, NY
Posts: 11,046
Question about options contracts

One options contract is equal to 100 shares, right?

so if i want to buy a single contract at the asking price of lets say $4.00

do i pay a total of $4.00 or a total of $400 ?


Another question,

if i feel confident a stock is going to go up in value ... for short term profits am i better off on the stock or the options?

from the little bit that i can peice together it looks like the options is a more rewarding buy for the short term, assuming it goes in your favor.

thanks for any help.
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