Future Option Contract
Hong Kong Stock Option Hotline:(852) 3890 0389
Futures Options Contract
Futures Options Contract Specification
| Item | Specification | |||||||||||||||||||||||||||||||||
| Underlying Stocks & HKATS Codes |
Please refer to the list of stock options (https://www.hkex.com.hk/products/listed-derivatives/single-stock/stock-options?sc_lang=en) |
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| Option Types | Puts and calls | |||||||||||||||||||||||||||||||||
| Contract Size |
One board lot of the underlying shares* excluding the contracts below： (1113) CK Asset Holdings Limited - 1000 shares (2 board lots) (1288) Agricultural Bank of China Limited - 10,000 shares (10 board lots) (1299) AIA Group Limited – 1,000 shares (5 board lots) (1336) New China Life Insurance Co. Ltd. – 1,000 shares (10 board lots) (1339) The People's Insurance Company (Group) of China Limited – 5000 shares (5 board lots) (1359) China Cinda Asset Management Co., Ltd – 5000 shares (5 board lots) (1816) CGN Power Co., Ltd – 10000 shares (10 board lots) (1988) China Minsheng Banking Corporation Limited – 2500 shares (5 board lots) (2601) China Pacific Insurance (Group) Co., Ltd. – 1,000 shares (5 board lots) (2822) CSOP FTSE China A50 ETF – 5000股 (25 board lots) (2823) iShares FTSE A50 China Index ETF – 5,000 shares (50 board lots) (2827) WISE CSI300 ETF – 1,000 shares (5 board lots) (2828) Hang Seng China Enterprises Index ETF – 1,000 shares (5 board lots) (3188) ChinaAMC CSI 300 Index ETF – 2000 shares (10 board lots) (3800) GCL-Poly Energy Holdings Ltd. – 5000 shares (5 board lots) (6030) CITIC Securities Co. Ltd. – 1000 shares (2 board lots) (6837) Haitong Securities Co., Ltd. – 2000 shares (5 board lots) |
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| Contracted Value | Option Premium multiplied by the Contract Size | |||||||||||||||||||||||||||||||||
| Contract Months | Spot, the next three calendar months and the next three calendar quarter months (The Exchange may introduce any other longer-dated expiry month in selected stock option classes as it deems necessary) |
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| Minimum Fluctuation | HK$0.01 | |||||||||||||||||||||||||||||||||
| Option Premium | Quoted in0.01 | |||||||||||||||||||||||||||||||||
| Strike Prices |
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| Trading Hours | 9:30 am - 12:00 noon & 1:00 pm - 4:00 pm | |||||||||||||||||||||||||||||||||
| Expiry Day | The business day immediately preceding the last business day of the contract month | |||||||||||||||||||||||||||||||||
| Exercise style (American) |
Options can be exercised at any time up to 4:00 p.m. on any business day and including the last trading day | |||||||||||||||||||||||||||||||||
| Exercise Fee | HK$2.00 | |||||||||||||||||||||||||||||||||
| 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) |
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| Trading Tariff | Tier 1 HK$3.00 Tier 2 HK$1.00 Tier 3 HK$0.50 |
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* Relevant information regarding contract size and tier level of individual stock option classes can be found in:
https://www.hkex.com.hk/Products/Listed-Derivatives/Single-Stock/Stock-Options?sc_lang=en
Hong Kong Stock Option Hotline
