- Notes on Trading Stock Options
- Holder of call / put option long position (buyer): please pay attention to the market price of stocks and to decide whether to exercise their right to execute options contracts. Instruction to exercise the stock options should be made before 16:30 on each trading day.
- Holder of call / put options short position (seller): If the options are exercised, the seller needs to prepare the related stocks or funds for settlement.
- Stock options is settled in the physical delivery of stock.
- On stock options expiration date, if the price of “In the Money” stock options is within 1.5% or more, the options will be automatically exercised and the exchange will charge additional fee. Other types of options are considered “Out of The Money” stock options, which will be canceled.
- Stock Options Trading Fee and Commissions
Trading Charges and Commissions of stock options
Item
Rates
Remarks
Brokerage
0.2% - 0.5%
Min $80.00
Trading Tariff
HK$3.00 per contract(Tier 1)
HK$1.00 per contract(Tier 2)）
HK$0.50 per contract(Tier 3)HK Exchange charge
Exercise Fee
HK $2.00 per contract
Amendment Exercise Instruction $3.00 per Contract
Other Instruction
$5.00 per Contract
Assignment/Exercise Brokerage
Transaction value *0.25%
Min $80.00
Stamp Duty
$1.00 per $1,000.00 on transaction value
Value rounded up to the nearest dollars
Stock Exchange Trading Fee
SFC Transaction LevyTransaction value *0.005%
Transaction value *0.0027%Both seller and buyer need to pay
Clearing Fee
Transaction value *0.003%
Min $2.00
Cover Call Option
@0.005% on value at previous trading day
Min $20.00
Max $200.00Minimum Margin Requirement
$20,000.00
*For other charges please refer to Schedule of Charges for trading of securities
- The List of Stock Option Classes Available for Trading
The List of Stock Option Classes Available for Trading, please refer to the HKEx.
The List of Stock Option Classes Available for Trading
- Client Margin Estimate Reference Table
HKEx provisions of the stock option margin requirements
Stock Options Minimum Margin Table
