For an option, the exercise price is also called the
A) striking price.
B) booking price.
C) market value.
D) spot price.

Question

Quizplus · Accepted Answer

The exercise price is also known as the striking price because it is the price at which the option holder has the right to buy or sell the underlying asset. The other options, booking price, market value, and spot price, do not refer to the exercise price of an option.

For an Option, the Exercise Price Is Also Called the