The fixed price in an option contract at which the owner can buy or sell the underlying asset is called the option's _________________.
A) opening price
B) Intrinsic value.
C) Strike price.
D) Market price.
E) Time value.

Question

Quizplus · Accepted Answer

The strike price is the fixed price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset, making it the correct answer.

The Fixed Price in an Option Contract at Which the Owner