Question: Exercise (strike) price 1. A stock has an exercise (strike) price of $40. a. If the stock price goes to $41.50, is the exchange likely

Exercise (strike) price

1. A stock has an exercise (strike) price of $40.

a. If the stock price goes to $41.50, is the exchange likely to add a new strike price?

b. If the stock price goes to $42.75 is the exchange likely to add a new strike price?

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