[option value clarification]

Thank you Anda, I trade regular equity options on daily basis, just could not get my head round how it works in spreads. Seemed too simple  

All best

[option value clarification]

Thanks Ian, this makes more logic. Formula is then, current price * bet size = maximum loss.

I found different explanation on the forum that confused me. But it must have been for CFDs 

[option value clarification]

Can anyone explain the total value of an option contract in spread bets? What is the contract size?

Support page says:

FTSE, bet size £10, minimum bet £2. But what is the contract size, 100?

Does it mean that if I buy a call priced £95 with minimum bet of 2, does ultimate value equal 95*2*100?=£19000 ? Does not seem right.

I need to know the maximum possible loss on a purchased option. Info tab does not say contract size. In support, minimum bet on FTSE is £2, in ticket window £0.5. Does not much. 

Please provide clear guidance. 

Thank you