exercise
Definition 1
To implement the rights of an option, by buying (in the case of call options) or selling (in the case of put options) the underlying asset.
Definition 2
To exchange a right or warrant for the appropriate amount of stock .
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Related Terms
abandon, aggregate exercise price, called away, capped-style option, early exercise, dilutive, convertible, expiration date, strike price, lapsed option, lookback option, automatic exercise
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