The price that the buyer of a call option pays for the underlying asset if she executes her option is called the

A) strike price.
B) exercise price.
C) execution price.
D) strike price or execution price.
E) strike price or exercise price.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an underlying asset at a specified price within a certain period.

Buyer

An individual or entity that acquires or has the intention to acquire goods or services from another entity in exchange for money.

Exercise Price

The cost at which an options contract holder has the right to purchase (in the case of a call option) or sell (with a put option) the base asset.