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Are all option contracts based on 100 shares?

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Are all option contracts based on 100 shares?

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All options that trade on listed exchanges in the U.S. are based on 100 shares of stock. Occasionally, there are some exceptions, chiefly when two companies with listed options merge. When this happens and you own an option on one of the companies’ shares, it’s best to check with your broker to see if there are any changes in the option.

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