Question A: Explore the Options Offered by ASX. Conduct a detailed analysis of the

options offered by the Australian Securities Exchange $($ASX$).$ Your analysis should provide essential information for potential investors. Follow the instructions below:

$$ Contract Specfications: Identify and describe the different types of option contracts available on the ASX. Provide detailed contract specfications for TWO selected option contracts, including contract size, tick size, expiration dates, and underlying assets.

$($I want to clarify what is meant by "different types of options" in this context.

When exploring the ASX website, you will find equity derivatives, interest rate derivatives, and commodity derivatives. Each of these categories also has various subcategories.

For your response, the two different contracts can be:

From different broad categories $($e$.$g$.,$ one equity option and one bond option$).$

From the same category but different subtypes $($e$.$g$.,$ a single stock option and an index option or a grain option and an energy option$).$

However, choosing two different single stocks as underlying assets or selecting one call and one put option does not count as two different types of contracts.$)$

$$ Payment Structures: Explain the payment structures and margin requirements for the selected derivative products. Discuss how gains and losses are settled.

$$ Investor Considerations: Highlight key features and considerations for investors when dealing with ASX options. Cover aspects such as market risk and liquidity.

$$ Concise Overview: Summarize the above information in a way that is easily understandable for potential investors. Ensure your summary addresses the practical aspects of investing in ASX derivatives, including any potential benefits and risks.