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Option premium

The current market value of an option contract is known as an option premium. It is the money that the seller (writer) of an option contract receives from the opposite side.

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Ask

Ask refers to the lowest price a seller is willing to sell an asset. It represents the minimum amount of money or another asset that someone is willing to accept when selling a cryptocurrency.

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Ask Price

The Ask Price is the lowest price in which a seller is willing to accept for the sale of an asset. It represents the minimum amount a seller is willing to accept when someone wants to buy a specific cryptocurrency. This price is part of the order book on a cryptocurrency exchange, where buyers can see the current asking prices from sellers.

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