Options are traded in bundles of 100 shares in asx

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If you had $2,000 to invest, how much profit would you make if the price jumped to $26.00 per share of ANZ bank. Note that you have to pay a total brokerage fee of $19, options are traded in bundles of 100 shares in ASX, and you cannot overspend. (You may not be able to spend some amount of money if it is too little for a bundle of shares.)

Reference no: EM132522333

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