The distance between striking prices on a particular underlying security. Normally, the interval is 2.50 points for stocks under $25, 5 points for stocks selling over $25 per share, and 10 points (or greater) is acceptable for stocks over $200 per share. There are, however, exceptions to this general guideline.
See Also:
Price: Price of a share of common stock on the date shown. Highs and lows are based on the highest and lowest intra-day trading price.