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price at which each share of stock underlying a call or put option can be bought or sold, also called strike price. It is standardized in trading at $5 intervals for stock between $50 and $100, $10 intervals for those between $100 and $200, and $20 for those over $200.
price at which the stock or commodity underlying a call or put option can be purchased (call) or sold (put) over the specified period. For instance, a call contract may allow the buyer to purchase 100 shares of XYZ at any time in the next three months at an exercise or strike price of $63.
dollar price at which a call option or put option is exercised. Also called strike price .
amount at which a put or call can be used to buy a stock, or a convertible security can be redeemed for shares of stock.
Copyright © 2006, 2003, 1998, 1995, 1991, 1987, 1985 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright c 2006, 2000, 1997, 1993, 1990 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
