The price at which the stock or asset may be purchased from (or sold to)the option writer is referred to as

Question

Quizplus · Accepted Answer

The exercise price, also known as the striking price, is the price specified in the option contract at which the holder of the option can exercise their right to buy or sell the underlying asset from or to the option writer. The intrinsic value of the option is the difference between the current market price and the exercise price, and the option premium is the price that the holder pays to purchase the option contract. Open interest refers to the total number of options contracts that are outstanding in the market.

The Price at Which the Stock or Asset May Be