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

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

Call Option

An agreement in finance that allows the owner the option, but not the requirement, to purchase a stock, bond, commodity, or different asset at a determined price during a defined timeframe.

Writer

In the context of options, the seller of an option contract who is obligated to meet the terms of the contract if the option is exercised.

Strike Price

The price at which the holder of an option contract can buy (call option) or sell (put option) the underlying asset.