Option booklets

ASX produces a range of explanatory booklets on options. The booklets are available for download in PDF format.

  • Options - a simple guide (PDF 338KB)
    This brochure provides a simple, concise summary of options and is suited to retail investors with no prior knowledge of the options market. 
  • Understanding Options Trading (PDF 724KB) 
    This booklet includes information on the definition of an option, advantages and risks of option trading, option features, option pricing fundamentals, parties to an option contract, tracking positions, costs and margins, and pay-off diagrams.
  • Options Strategies (PDF 171KB)
    26 proven options strategies.
  • Differences between options and warrants (PDF 161KB)
    This fact sheet explains the key differences between options and warrants. 
  • Index options (PDF 188KB)
    This brochure explains the advantages of investing in index options. 
  • Options Margin Lending (PDF 240KB)
    This brochure provides information about the advantages options traders can gain from margin lending.
  • Margins (PDF 137KB)
    This booklet explains how the Australian Clearing House calculates margins for options traded on ASX's options market. It explains what margins are, in what circumstances margins are required, how margins are calculated and how can margins be met.
  • Protecting your ASX Equity CFD Position (PDF 182KB)
    The use of exchange traded options (ETOs) in conjunction with ASX CFDs can deliver a protection strategy that offers more flexibility and may cost less than the guaranteed stop loss orders currently available for non-ASX CFDs.
  • Taxation treatment of options (PDF 282KB)
    A discussion of the taxation treatment of options, prepared by Patrick Broughan, Taxation Partner at Ernst and Young, Melbourne.
  • Understanding Options Trading - Index Option Update (PDF 610KB)
    Updated Index option information
  • Explanatory Note for Options Adjustments (PDF 160KB)
    Explains and list examples of the various methods for adjusting options contracts. 
  • Buy Write Fact Sheet (PDF 263KB)
  • Daily Settlement Price Methodology - Exchange Traded Options
    An overview of the procedure used to determine daily settlement prices.
  • Introduction to Index Futures and Options (PDF 1.0MB)

ASX also produces booklets on warrants.