Buying 100 shares of a stock is more than just a random number; it is a major milestone in trading known as a While apps now allow you to buy tiny "fractional" slices of a company, hitting 100 shares unlocks professional-grade strategies and potential perks that aren't available to smaller investors. 🔓 What Unlocks at 100 Shares? The Power of Covered Calls
When you buy 100 shares, your order is treated with higher priority on the exchange. buying 100 shares of a stock
If the stock stays flat or goes up slowly, you keep the cash premium and your shares, creating a stream of "passive income" on top of any dividends. 🎟️ Exclusive Shareholder Perks Buying 100 shares of a stock is more
Historically offered "Friends & Neighbors" pricing (X-Plan) to shareholders with at least 100 shares held for six months. ⚡ Better Trade Execution If the stock stays flat or goes up
Orders for 1–99 shares (odd lots) are often handled by "market makers" and may not be reflected in the public bid/ask spread.
A round lot is more likely to get filled quickly at the exact price you want, especially in less "liquid" stocks where there are fewer buyers and sellers.
Some companies offer "hidden" rewards specifically to those who own a round lot of 100 shares: