Options written on the 90-day bank bill contract have:

A) a face value of $ \$ 1000000 $
B) exercise price set in intervals of $ 0.25 \% $
C) a minimum price movement of $ 0.05 \% $
D) all of the above

Question

Options written on the 90-day bank bill contract have:

A) a face value of $ \$ 1000000 $
B) exercise price set in intervals of $ 0.25 \% $
C) a minimum price movement of $ 0.05 \% $
D) all of the above

Quizplus · Accepted Answer

Options written on the 90-day bank bill contract have a face value of $1 000 000,exercise price set in intervals of 0.25%,with expiry months of March,June,September and December up to six quarters ahead,and minimum price movement of 0.005%.

Options Written on the 90-Day Bank Bill Contract Have: $1000000 \$ 1000000 $1000000

Options Written on the 90-Day Bank Bill Contract Have:
$\$ 1000000$