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Contract Summary

Contract Summary

Option Types Puts and Calls
Contract Size One board lot of the underlying shares
Contract Months Spot, the next two calendar months & the next two quarter months (HKEX may introduce a third calendar quarter month and any other longer-dated expiry month in selected stock option classes as it deems necessary)
Trading Hours 10:00 a.m. - 12:30 p.m. & 2:30 p.m. - 4:00 p.m.
Minimum Fluctuation HK$0.01 / HK$0.001
Expiry Day Business day immediately preceding the last business day of the contract month
Gross Reporting Limit (per expiry month) 1,000
Capital Adjustment In case of rights issue, stock dividends, special dividends, strike price and contract size will be adjusted in order to keep the contract value same
Exercise Style American Style & Physical delivery of underlying stocks. Options can be exercised at any time up to 5:30 p.m. on any business day and including the last trading day
Assigned Method(If short positions of options are being exercised) If exercised, randomly assigned to short position holders Physical delivery of underlying shares necessary in T+2
Settlement T+1 (Options Premium, payable in full) OR T+2 (Stock transfer following exercise)

All information is provided by HKEx and is subject to change without prior notice.