Stock Options
ItemDescription of fees
Stock Option
Brokerage
   
Zero commission
Covered Call Open1 Waive4
(Should have corresponding stock in the Stock Option Account for covered call)
Covered Put Open2 Waive4
(Should deposit 100% proceed for stock assignment in Stock Option Account for covered put)
Transaction of monthly commission above HKD 30,0001 Waive4,5
HKD 10 per lot (Long Open contracts 10 lots or below)
Long Call/Put Open or
Short Call/Put Close1
HKD 10 per lot (For each trade less than 10 lots)
Option's Asset Under Management (AUM) 3,6,7,8
Below 1 Million HKD Premium x share quantity x 0.25% (Min. HKD 100)
1 Million to 8 Million HKD Premium x share quantity x 0.18% (Min. HKD 8)
Over 8 Million HKD Premium x share quantity x 0.10% (No Minimum Charge)
Transaction Levy HKD3 per lot or HKD1 per lot or HKD0.5 per lot (Determined and collected by Options Clearing House)
Fees for Exercise/ Assign
Brokerage Exercise price x No. of contract x lots size x 0.25% (Min HKD100)
Stamp Duty HKD1 per HKD1,000 Transaction Amount
Transaction Levy 0.003% of Transaction Amount
Transaction Fee 0.005% of Transaction Amount
CCASS Fee 0.01% of Transaction Amount (0.002% is collected by HK Clearing)(Min HKD3)(Max HKD300)
Exercising Fee HKD2 per Lot
1. All new pricing above with effective on 2nd May 2019, for online trading and E-statement clients only
2. All new pricing above with effective on 11th Mar 2019, for online trading and E-statement clients only
3. All new pricing above with effective on 2nd Sept 2019, for online trading and E-statement clients only
4. Commission rebate will process on next month within 5 working days
5. Excluding stock assignment/ exercise’s commission. Maximum monthly commission is HKD 30,000
6. Only applied to stock option trading excluding commission from option assignment/exercise
7. Option's AUM is the sum of option account's cash balance and net option value. Net option value is based on settlement price of each day-end
8. Based on previous trading date day end's AUM level, if Option AUM is more than $1M, the trading date can enjoy the commission rates

Above charges are for reference only, there are subject to change without prior notice.

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