Which of the following is the specified price in the option contract?
A)Basis price
B)Switch price
C)Strike price
D)Floor price
E)Cap price

Question

Quizplus · Accepted Answer

The specified price in an option contract is known as the "strike price." This is the price at which the holder of the option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.

Which of the Following Is the Specified Price in the Option