plz help me...i don understand this

Discussion in 'Options' started by mei713, Aug 27, 2010.

  1. mei713

    mei713

    what does it means that the stock is 3/4 points or more above the strike price of the option?

    can anyone explain this to me?i am a newbie to option trading...
     
  2. stoic

    stoic

    Strike price: 25

    Stock price 25.75 .75 above the strike or 3/4 of a point.