The property went onto the institution's books at $17.7 million (the purchase price plus the option price).

In this view it simply is a more convenient way to communicate option prices than currency.

Even though renters get a one-year lease, they must decide in four to six months whether to buy at the original option price.

On September first the option price went up to forty dollars an acre, and they asked for exactly the same amount again.

The stock is currently selling at more than four times the option price.

That means he used options to buy the shares at the option price and immediately sold them.

A telephone call to Northrop seeking comment on the rise in its option price was not returned yesterday.

Is there any way to force the landlord to sell me the apartment at the agreed-upon option price?

Thus, a higher option price implies greater volatility, other things being equal.

Now the option price is unlikely to be exactly equal to 20.94 in this case, and it really depends on the underlying.