The fiXed Price in an Option Contract at Which the Owner

question 47

Multiple Choice

The fixed price in an option contract at which the owner can buy or sell the underlying asset is called the option's:

• A)opening price.
• B)intrinsic value.
• C)strike price.
• D)market price.
• E)time value.

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Definitions:

Intra-

A prefix meaning within or inside; used in medical and scientific terms to denote something occurring or situated within a specified area.

Within

In the interior or inside part of; enclosed by or lying inside boundaries or limits.

Ecto-

A prefix meaning "outside" or "external," used in biological and medical terminology.

Out

Positioned or situated beyond the limits or confines of a specified place or area.