Options contract multiple - A constant, set at $100, which when multiplied by the cash index value gives the dollar value of the stock index underlying an option. That is, dollar value of the underlying stock index = cash index value x $100 (the options contract multiple).
Options contract multiple : a constant, set at $100, which when multiplied by the cash index value gives the dollar value of the stock index underlying an option. that is, dollar value of the underlying stock index = cash index value x $100 (the options contract multiple).
Options contract multiple