Examlex
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Exercise Value
The value of an option if it were exercised today; for call options, it is the current price of the underlying asset minus the strike price.
Strike Price
The fixed price at which the owner of an option can purchase (call) or sell (put) the underlying asset.
Convertibles
Convertibles are financial instruments, such as bonds or preferred stock, that can be converted into a predetermined number of common stock or equity shares, offering both fixed income and potential for capital appreciation.
Strike Price
The strike price is a predetermined price at which the holder of an option can buy (call option) or sell (put option) the underlying asset until the expiration date.
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