"exercise price." YourDictionary, n.d. Web. 12 November 2018. <https://www.yourdictionary.com/exercise-price>.
exercise price. (n.d.). Retrieved November 12th, 2018, from https://www.yourdictionary.com/exercise-price
exercise price - Investment & Finance Definition
price at which the underlying security for an options contract can be
purchased. If the exercise price of an option is $35, then the stock can be
purchased at $35 a share, irrespective of the current market price. Also called