Question
Suppose on January 1, 2022 I buy an option that gives me a right to buy 100 shares of Google stock at $500 per share
Suppose on January 1, 2022 I buy an option that gives me a right to buy 100 shares of Google stock at $500 per share on or before December 1, 2022. The price of the option is $4 per share. In this case the $4 amount is called ______ and $500 amount is called ______ price.
| a. | expiration; strike | |
| b. | strike; premium | |
| c. | expiration; premium | |
| d. | premium; strike |
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Financial Accounting IFRS Principles
Authors: Ilse Lubbe, Goolam Modack, Shelly Herbert
5th Edition
0190746920, 978-0190746926
