HomeDefinitionsCompareDebt Exercise valueThe financial definition for Exercise value:The amount of advantage over a current market transaction provided by an in-the-money option. Similar MatchesAdjusted exercise priceAdjusted exercise priceTerm used in options on Ginnie Mae (Government National Mortgage Association) contracts. The final exercise price of the option accounts for the coupon rates carried on Ginnie Mae mortgages. For example, if the standard GNMA mortgage has an 9% yield, the price of GNMA pools with 13% mortgages in them is altered so that the investor receives the same yield. Aggregate exercise priceAggregate exercise priceThe exercise price multiplied by the number of shares in a put or call contract. The option premium is excluded in the aggregate exercise price. In the case of options traded on debt instruments, the aggregate exercise price is the exercise price of the underlying security multiplied by its face value. Automatic exerciseAutomatic exerciseA protection procedure whereby the Options Clearing Corporation attempts to protect the holder of an expiring in-the-money option by automatically exercising the option on behalf of the holder. Further SuggestionsEuropean ExerciseEuropean style exercise Exercise settlement amount Nominal exercise price Return if Exercised Click to compare definitions of Exercise value Click to view definitions beginning ex |