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i knoe the answer is 760,000 for the denominatir for shares outstanding. But what is options oustanding? is thay when s company wants to buy

i knoe the answer is 760,000 for the denominatir for shares outstanding. But what is options oustanding? is thay when s company wants to buy back their shares as treasury stock? or sre they wanting to sell those shares ? please help image text in transcribed
750.000 average Sharo Quisianong during 2009. The company auo had 25,00 Opruns ous runding w creulic Prices of $15 each. The average Stoul pnce was $25. For compunng diued eps, hour muy shares wwd be in diminua? www Lughted drenge shares t shares fun Shares from collection of debt t shares Conleunn of preskerdt from conemen of Stuck options " optin sharu: 25.000 option Shares Exer ponce :$ 15 Avg, stool pice: $25 proceeds from exenu : 375,000 (25,000 shans x $ IS Exere price Shares repurchaud: 12.000 (375,000 / $ 25 Aug stock price ) New Shours vid : 0,0 ( 25,000 optin Sharc - 1,000 Shase repesche Avg. Share outstand . 750,000 giren Now Shore DOC (25.000 opin shure - 15,000 shave. ropuche Denumman shan : 760,000)

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