option pricing

#1
In the order book prices for Nifty Options (CE and PE) are they quoting the price of one share or 1 lot of fifty shares? As I am new to option trading please guide.
 

AW10

Well-Known Member
#2
thats is for each share..(say 198/- for July 4400 Call) so for 1 nifty contract, multiply it by 50. That means, u will have to pay 198*50 rs to get 1 contract of nifty.Unfortunately, u can't buy less then 1 contract.

Happy Trading.
 
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