Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'option daily settlement price'?

A. price of the final trade of a security at the end of a trading day on a given exchange
B. amended closing price to reflect a security's value after accounting for any corporate actions, such as stock splits, dividends, and rights offerings
C. First derivative of option value with respect to theoretical price is a the concept (or on a position). Theoretical price
D. The official price at the end of a trading session. This price is established by The Options Clearing Corporation and is used to determine changes in account equity, margin requirements, and for other purposes.

Answer: The official price at the end of a trading session. This price is established by The Options Clearing Corporation and is used to determine changes in account equity, margin requirements, and for other purposes.