Cryptocurrency Q&A What happens if I hit my strike price?

What happens if I hit my strike price?

FireFlyer FireFlyer Sun Oct 27 2024 | 7 answers 1507
I'm wondering about the consequences if my transaction reaches the strike price. Will there be any specific actions or outcomes triggered by this event? What happens if I hit my strike price?

7 answers

CryptoAce CryptoAce Tue Oct 29 2024
An option contract holds zero intrinsic value when the stock price matches the strike price.

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KimonoGlitter KimonoGlitter Tue Oct 29 2024
In such a scenario, the contract is considered to be at the money.

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HanbokGlamourQueenElegance HanbokGlamourQueenElegance Mon Oct 28 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services.

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Elena Elena Mon Oct 28 2024
Exercising the contract in this situation lacks practical significance.

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Davide Davide Mon Oct 28 2024
The reason is that the same outcome can be achieved by purchasing the stock directly in the market.

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