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 or strike price is the price at which the stock or asset may be purchased from (or sold to) the option writer. The intrinsic value of the option refers to the difference between the current price of the underlying asset and the strike price, while the option premium is the price paid for the option itself. Open interest refers to the number of outstanding option contracts in a particular market.

The Price at Which the Stock or Asset May Be