strike price

简明释义

敲订价格

英英释义

例句

1.If the stock price rises above the strike price (行权价格), the option becomes more valuable.

如果股票价格超过strike price（行权价格），则期权的价值会增加。

2.The strike price (行权价格) is a crucial factor in determining the profitability of an option.

行权价格strike price（行权价格）是决定期权盈利能力的关键因素。

3.The strike price (行权价格) of the option is set at $50, meaning the holder can buy the stock at this price.

该期权的strike price（行权价格）设定为50美元，这意味着持有人可以以此价格购买股票。

4.A call option with a strike price (行权价格) of $30 allows you to buy the stock at that price.

一个行权价格为30美元的看涨期权允许你以该价格购买股票。

5.Investors often look for options with a strike price (行权价格) close to the current market price.

投资者通常会寻找与当前市场价格接近的期权strike price（行权价格）。

作文

In the world of finance, understanding key terms is crucial for making informed investment decisions. One such term is the strike price, which plays a significant role in options trading. The strike price is defined as the predetermined price at which an option can be exercised. This means that if an investor holds an option, they have the right, but not the obligation, to buy or sell the underlying asset at the strike price before the option expires. Understanding how the strike price works is essential for anyone looking to delve into the complexities of options trading.To illustrate the concept of the strike price, let us consider a simple example. Assume an investor is interested in buying a call option for a stock currently trading at $50. The investor purchases a call option with a strike price of $55, expiring in one month. This means that the investor has the right to buy the stock at $55, regardless of its market price during that time. If the stock price rises to $60, the investor can exercise the option and buy the stock at the strike price of $55, thereby making a profit of $5 per share. Conversely, if the stock price remains below $55, the investor would likely choose not to exercise the option, resulting in a loss equal to the premium paid for the option.The strike price is also important when considering put options, which give investors the right to sell an asset at a specified price. For instance, if an investor purchases a put option with a strike price of $45 for a stock currently trading at $50, they can sell the stock at the strike price of $45 if the market price drops below that level. This can serve as a form of insurance against falling prices, allowing investors to mitigate potential losses.Another key aspect of the strike price is its relationship to the current market price of the underlying asset. Options are categorized as in-the-money, at-the-money, or out-of-the-money based on this relationship. A call option is considered in-the-money when the market price is above the strike price, while a put option is in-the-money when the market price is below the strike price. Understanding these distinctions is vital for investors as they assess the potential profitability of their options positions.Moreover, the strike price can affect the options pricing model, particularly the Black-Scholes model, which is widely used to determine the fair value of options. Factors such as volatility, time until expiration, and the strike price itself all contribute to the option's premium. Investors must carefully analyze these factors to make strategic decisions regarding their options trades.In conclusion, the strike price is a fundamental concept in options trading that every investor should understand. It determines the potential profitability of an option and plays a critical role in risk management strategies. By grasping the implications of the strike price, investors can enhance their trading strategies and make more informed decisions in the dynamic world of financial markets.

在金融世界中，理解关键术语对于做出明智的投资决策至关重要。其中一个术语是行权价，它在期权交易中发挥着重要作用。行权价被定义为可以行使期权的预定价格。这意味着，如果投资者持有一个期权，他们有权利，但没有义务，在期权到期之前以行权价买入或卖出基础资产。理解行权价的运作对于任何想要深入了解期权交易复杂性的人来说都是至关重要的。为了说明行权价的概念，让我们考虑一个简单的例子。假设一名投资者对目前交易价格为50美元的股票感兴趣。投资者购买一个行权价为55美元的看涨期权，该期权在一个月后到期。这意味着投资者有权以55美元的价格购买该股票，无论在此期间市场价格如何。如果股票价格上涨到60美元，投资者可以行使期权，以55美元的行权价购买股票，从而每股盈利5美元。相反，如果股票价格保持在55美元以下，投资者可能选择不行使该期权，从而损失相当于为期权支付的权利金。行权价在考虑看跌期权时也很重要，看跌期权赋予投资者以特定价格出售资产的权利。例如，如果投资者购买一个行权价为45美元的看跌期权，而当前股票交易价格为50美元，他们可以在市场价格低于该水平时以行权价45美元出售股票。这可以作为对价格下跌的保险，允许投资者减轻潜在损失。行权价的另一个关键方面是它与基础资产当前市场价格的关系。根据这种关系，期权分为实值、平值或虚值。当天市场价格高于行权价时，看涨期权被视为实值；而当市场价格低于行权价时，看跌期权则被视为实值。理解这些区别对投资者至关重要，因为他们评估期权头寸的潜在盈利能力。此外，行权价还会影响期权定价模型，特别是广泛用于确定期权公允价值的布莱克-舒尔斯模型。波动性、到期时间和行权价本身等因素都对期权的权利金产生影响。投资者必须仔细分析这些因素，以便在期权交易中做出战略决策。总之，行权价是期权交易中的基本概念，每位投资者都应该理解。它决定了期权的潜在盈利能力，并在风险管理策略中发挥着关键作用。通过掌握行权价的含义，投资者可以增强其交易策略，并在动态的金融市场中做出更明智的决策。