What is Strike Price in Options Trading?

If you have been trading in options trading form a time, but find it difficult to understand the concept of strike price, you are in the right place. This post aimed to provide the detailed ground for strike price to learn.

But before jumping further into the article, I would like to mention one important prerequisite that if you are a beginner to option trading, make sure you check this helpful online trading course to learn more about it.

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So proceeding to your topic, The Strike Price often referred to like exercise,  is the price at which the underlying stocks can be bought or sold as per the contract.

In simple words, strike price is the cost in options trading at which you can buy (on or before its expiration) the stock for call option, similarly for put option it works as the price at which the seller can  use his right to put underlying stocks on sale (on or before its expiration) .

It is very important to understand the nature of Options trading that how it functions before you start trading in Stock Options. You can also check some options trading videos to learn from the basic.

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Options don’t possess any fix underlying value, for this purpose premium is used to define the price that one has to pay in order to purchase an Option. The value for premium depends upon the various factors including the underlying stock price, volatility in the market and the days until the Option expiration.

Underlying Asset

It can be stocks, futures, index, commodity or currency. The price of Option is derived from its underlying asset.

The option of stock authorized its holder to buy or sell the stock at a particular price. Hence its all about the underlying asset or stocks when it comes to Stock in Options Trading.

Option Style

In Options Trading, the stock options have an expiration date.  There are two major types of Options that are practiced in most of the markets. The American Options & European Options.

Where the American Options allows its holder to exercised anytime before the stock expiration date, the European Options, only be exercised on the day of its expiration.

Click here to learn more about Options trading market.

How to Choose a Right Life Insurance Policy for Better Coverage

Being a life insurance expert, one of the frequent questions I get to ask – Will Progressive or one of the many other life insurance companies provide the best coverage at the lowest price? Well, the answer depends upon the type of policy and insurance service provider.

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So if you are one of them looking for the answer to the same query, this article helps you in understanding the many aspects of life insurance policy.

In the process of finding the best life insurance policy, the Progressive Life Insurance reviews will help you decide if they are the right fit for you based on your specific situation. All you need to do is to study it thoroughly.

When you are ready to start looking for life insurance coverage, there are several factors you should take into consideration before committing yourself to a specific company or policy.  You should ask yourself what kind of policy is best for your needs and whether you can afford it throughout a given life of the policy.

In case you are making your mind to purchase term life insurance policy, you can choose  Transamerica term life insurance to get multiple insurance quotes for better comparison.

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A good life insurance plan offers some benefits to the beneficiary which includes:

  1. Life insurance provides the financial support at the insured’s death.
  2. Unlike any other financial instrument, life insurance offers some favorable tax treatment Death benefits, generally income-tax-free to the beneficiary.
  3. Cash values grow tax-deferred during the insured’s lifetime & offer a higher return.
  4. Policy loans are income tax-free.

Also, do your homework on the insurance provider to ensure your policy will be financially stable and secure.  Make sure they have a good reputation for paying out claims to the policyholder and his or her beneficiaries.

If you find that you still have any questions or concerns after reading our article, you can click to read more information about life insurance policy and plans.


All You Need To Know About Optical Insurance

All of us use electronic media in day to day life for long hours. We just glued to them as a couch potato, leading to weak eyesight and then have to depend on glasses or lenses. But now you can save your money in eye care expenses. Optical Insurance picks up some of the cost of your vision care.

In the National Eye Institute study, it was found that 68% of the Americans of age 16+ are using both contact lenses and glasses. All of them pay the expenses of new lenses or eye exam every time they visit an optician. In order to save your money, it is a smart choice to choose Optical Insurance from insurance agency like SFAM as it exchanges for monthly premiums depending on how often you need new lenses or glasses or eye tests.

Vision Insurance
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What is Optical Insurance?

Eyes are the last thing that someone cares for. We will take care of our eyes when our eyesight becomes weak. Optical Insurance often called Vision Insurance is a new concept and not everybody knows about it. It is the health and wellness plans i.e.crafted by the experts in order to reduce your expenses for routine eye check-ups and eyewear. Some of the plans give a discount on annual premiums for group vision surgery such as Lasik and PRK.

Types of Vision Insurance Plans

Vision Benefit Package

Discount Vision Plan

Vision Benefit Plan
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Vision Benefit Package

In vision benefits package, the membership fee is required to enrol and after that free eye care services are provided to you for your eyewear.

Discount Vision Plan

In a discount vision plan, you have to pay annual membership fees and they will provide you eyewear at a discounted rate.

Both types of Optical insurance can be customised to meet the requirements of a range of customers.

Insurance pays for
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    Optical Insurance Pays for

      EyeglassesContact Lenses

     Eyeglass Frames

    Scratch-resistant coating

    Contact lens coverage for daily disposable

    Discount on corrective eye surgery e.g. Lasic

Cost of Vision Insurance

Generally, Vision Insurance cost less than $20 per month. Many insurance companies also provide it in $16-$20 per month. Besides monthly premiums, you have to pay for the visit.  Higher your monthly premiums lower will you pay for your expenses.

Eyes are an important organ of the body. We have to care about it. At the same time, we have to be smart enough to see what our pocket allows to do. Optical Insurance is the smartest choice on your part that will reduce your expenses to a higher level and saves your time Check out here to know the benefits of having Optical Insurance.