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LSDefine

Simple English definitions for legal terms

exercise price

Read a random definition: baby-selling

A quick definition of exercise price:

Exercise price is the price at which an option can be bought or sold. It is also known as the strike price. When an investor exercises an option, they are buying or selling the underlying asset at the exercise price. For example, if an investor has a call option with an exercise price of $50 and the underlying stock is currently trading at $60, the investor can exercise the option and buy the stock at $50, making a profit of $10 per share.

A more thorough explanation:

The exercise price, also known as the strike price, is the price at which an option can be exercised. It is the price at which the owner of an option can buy or sell the underlying asset.

For example, let's say you own a call option on XYZ stock with an exercise price of $50. This means that you have the right to buy XYZ stock at $50 per share. If the current market price of XYZ stock is $60, you can exercise your option and buy the stock at the exercise price of $50, making a profit of $10 per share.

Similarly, if you own a put option on XYZ stock with an exercise price of $50, you have the right to sell XYZ stock at $50 per share. If the current market price of XYZ stock is $40, you can exercise your option and sell the stock at the exercise price of $50, making a profit of $10 per share.

The exercise price is an important factor in determining the value of an option. The closer the exercise price is to the current market price of the underlying asset, the more valuable the option is.

exercise of judgment | exercise value

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JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
Thought I was dead is great raps
2024 such a great year for rap
JumpySubsequentDolphin
17:21
i like noid
even outside the beef. Noid is great too
JumpySubsequentDolphin
17:22
boogies album was the worst ever
JumpySubsequentDolphin
17:22
and i LOVE boogie
JumpySubsequentDolphin
17:23
like i would do anything for one chance w that man but better off alone and me vs myself were both not good
He's never really been my style tbh
shaquilleoatmeal
17:43
went to eat - did anyone guess the bowl lmao
shaquilleoatmeal
17:43
ooo yall were too busy with that kendrick shit
shaquilleoatmeal
17:45
put me on - whats the first song on the album thats heat
babycat
17:45
I don’t know sweetgreen like that because I’m not part of the PMC. your legs looked super tan though
hey now is my favorite
peekaboo, squabble up, tv off and gnx good too. Heart pt 6 and reincarnated for straight lyricism
shaquilleoatmeal
17:49
@babycat: should i bring you to sg next time im in ct?
shaquilleoatmeal
17:49
@ImpartialLion: any obvious diss tracks on there?
Whole thing got clear disses, but wacced out murals has the most obvious call outs
babycat
17:50
i used to work in an office two doors up the street from one and you can really see the glazed sweetgreen stare on the face of all those morgan stanley guys
BulbasaurNoLikeCardio
17:51
I have this professor for a legal analysis and writing for clients class that said you will need a JD and legal experience to get an A. He also grades ridiculously hard but leaves no comments on why you got that grade or what you did wrong. Dude is pissing me off with the whole you are wrong figure it out approach.
babycat
17:51
that’s just not proper teaching what a dickhead
BulbasaurNoLikeCardio
17:53
Going to ruin my 4.0 for a 2SH class.
BulbasaurNoLikeCardio
17:53
At least grad school GPA doesn't matter much
JumpySubsequentDolphin
17:53
@shaquilleoatmeal: the garlic steak thing
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