Options Question
Help on nonstandard options
I can't get it: I am looking at the July 50 MTL put (+MGWSJ), which is a non-standard option (it controls 300 shares instead of 100) but there's also another July 50 MTL put (+MTLSJ) which is standard (and costs some 20 times more, but for 100 shares). What's the deal here?
Thanks.
Additional Information:
Anyone?
Answers
269 points
stocktraderdan answered 5 months ago …
The best way to find out would be to ask your broker directly. Even if you are using a discount broker they should be willing to answer your questions. Send them an email. If they can't answer your question, find a new broker who deals with options.
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102 points
snsom answered 5 months ago …
Can you buy a put option and pay the premium and the commission at the same time.
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