The guaranteed price on offer to developers the so-called Strike Price
dropped to 74.
The average strike price
for the three lagoons under the Government's Contract for Difference support for renewable energy projects would be around PS111 per MWh, also less than that predicted for off-shore wind.
CfDs will be financial instruments between generators and a Government owned company designed to provide investors with a guaranteed fixed price for electricity output based on a 'strike Price
', with payments being due to or by the generator depending on the prevailing wholesale market price when compared to the strike Price
The call options on the index with strike prices
of Rs 4,340 and Rs 4,650 are available for Rs 65 and Rs 28, respectively.
The maximum profit occurs when the price of the underlying security rises beyond the higher strike price
At present, large deals in some over-the-counter (OTC) contracts with the same strike prices
and expiry months as exchange-traded contracts are already executed as block trades in HKEx's derivatives market.
With a current price of $113, the options with strike prices
of $100, $105, and $110 would have no intrinsic value.
Thus, in principle, options written on several strike prices
reveal a greater amount of information about market opinion than the single underlying futures price.
If the stock's price is below the strike price
at expiration, the call will most likely expire worthless and the premium you received enhances your overall return on the stock.
An exchange-traded call option gives the buyer the right -- but not the obligation -- to purchase an underlying security at a given strike price
until the expiration date.
At the time the QCC rules were written, listed options were available only at standardized maturity dates and strike price
intervals (generally, intervals of $5).
The option strike prices
and maturities are customized to meet the investor's needs.