Introduction to important terms of options
BiyaPay
Published on 2024-09-11 Updated on 2024-11-04
（1）Strike Price (also known as “exercise price”), if the market price of a stock is 100 dollars and you buy a bullish option for 150 dollars, then 150 dollars is the exercise price.
（2）Execution date (Expiration Date, also known as “call-over date”), if you buy an option that expires on July 15, 2030, then that day is the call-over date.
（3）Open Interest: The number of contracts that have not yet expired or been executed.
（4）Contract, the unit of option is a contract, usually each contract is the right to 100 shares of stock.
（5）Settlement Type: Stock options are generally Physical Delivery (Physical Settlement), while index options are generally Cash Settlement.
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BIYA GLOBAL LLC is a licensed entity registered with the U.S. Securities and Exchange Commission (SEC No.: 802-127417); a certified member of the Financial Industry Regulatory Authority (FINRA) (Central Registration Depository CRD No.: 325027); regulated by the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC).
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BIYA GLOBAL LLC is registered with the Financial Crimes Enforcement Network (FinCEN), an agency under the U.S. Department of the Treasury, as a Money Services Business (MSB), with registration number 31000218637349, and regulated by the Financial Crimes Enforcement Network (FinCEN).
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