A stock option is the right to purchase a specific number of shares of company stock at a specific price during a period of time.

Name: A stock option is the right to purchase a specific number of shares of company stock at a specific price during a period of time.
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Question

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A stock option gives the holder the right, but not the obligation, to purchase company stock at a specific price (also known as the strike price) during a specified period of time.

A Stock Option Is the Right to Purchase a Specific