Click the strike price, for example, $48.00, to display
all call and put options for that price.
It is
the price at which the option holder can buy or sell the shares. When an option
is listed, the strike prices are set closely to the underlying stock price at
the time of listing. Since the stock price could go up or down before the option
expires, at least five strike prices (generally, two strike prices in-the-money,
one strike price at-the-money and two strike prices out-of-the-money) are
established for the same expiry month. For call options, the higher the strike
price compared to stock price, the lower the value of the option. For put
options, the higher the strike price compared to stock price, the greater the
value of the option.
Click the symbol to display the Option Quote Detail
screen.