n NISM Certifications
XIII NISM Series XIII
Medium

The 'strike price' of an option is _______.

Practice question from NISM Series XIII for SIF - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The current market price

  2. The price at which the underlying can be bought or sold upon exercise

    Correct answer

  3. C

    The premium paid for the option

  4. D

    The future predicted price of the underlying

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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