For puts and calls, the exercise price is called
A) the expected value.
B) the market price.
C) the striking price.
D) the option price.

Question

Quizplus · Accepted Answer

The exercise price is the price at which the underlying asset can be bought or sold, depending on the type of option. This price is also known as the striking price. Therefore, option C is the correct choice. The other options (expected value, market price, and option price) do not accurately describe the exercise price of an option.

For Puts and Calls, the Exercise Price Is Called