Option Series

  

See: Option Class.

An option series separates calls and puts. We know, not very enlightened. Maybe, one day, puts and calls can choose their own series. But we haven't reached that point yet.

For now, a particular series includes either all the calls or all the puts for a single underlying asset, with the same strike price and the same expiration. So calls for NFLX with a strike price at $360 and a July expiration would count as one series; meanwhile, puts for NFLX with a strike price at $360 and a July expiration would represent another series.

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Finance: What is Intrinsic Value (of An ...6 Views

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Finance allah shmoop what is the intrinsic value of an

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option All right this is brandi She owns a twelve

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dollars strike price call option toe buy a share of

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my fifteen minutes are up dot com a retirement home

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chain for reality tv stars who recently gained self awareness

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Well the stock is trading for fifteen bucks a share

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of this moment Her strike price is twelve so the

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intrinsic value of that option is fifteen minutes twelve or

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three bucks that is it is three dollars in the

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money and if brandy converted it into a share this

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moment and then immediately sold the stock for fifteen dollars

00:44

in cash well she'd make three bucks But there's a

00:47

catch per call option doesn't expire for five weeks so

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that three dollars in the money is actually worth more

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than three dollars because she has data or time yet

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to exercise and convert or just sell the option itself

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So it's worth mohr because well a stock might go

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up from fifteen dollars in overtime Stocks go up so

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in the next five weeks well couldn't go up a

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dime twenty cents twenty five cents and make that three

01:14

Dollars worth three ten three twenty three Twenty five Sure

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sure it could happen So yeah that's The difference between

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actual value and intrinsic value You get seita kickers in

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there making the option's worth more than just converting them

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into stock and selling them right there And yeah it

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looks like our one and a half minutes are up

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