Education

The holder of a physical delivery XYZ call option has the right to purchase shares of XYZ Corporation stock at the specified exercise price upon exercise prior to the expiration…

We empower millions of customers around the world to start and grow their businesses with our smart marketing technology, award-winning support, and inspiring content.

101 Arch Street, Suite 601 Boston, Massachusetts 02110 BOX Exchange LLC (BOX) is a national securities exchange registered with the Securities and Exchange Commission (SEC) under Section 6 of the…

A physical delivery option gives its owner the right to receive physical delivery (if it is a call), or to make physical delivery (if it is a put), of the…

The exercise price setting formula for a series of delayed start options is the formula used by the options market on which the series is traded to set the exercise…

A delayed start option is an option that does not have an exercise price when first introduced for trading but instead has an exercise price setting formula pursuant to which…

We empower millions of customers around the world to start and grow their businesses with our smart marketing technology, award-winning support, and inspiring content.

The cap price is the level that the automatic exercise value of a capped option must reach in order for the option to be automatically exercised. The cap price of…

The cap interval is a constant established by the options market on which a series of capped options is traded. The exercise price for a capped-style option plus the cap…

Time value is whatever the premium of the option is in addition to its intrinsic value. Time value is that part of the premium that reflects the time remaining before…