---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42426118.md"
description: "Contract elements: include expiration date, expiration month, settlement method, strike price, contract unit, etc.Contract pricing: consists of intrinsic value and time value. Factors affecting option value mainly include stock price, strike price, volatility, remaining term, risk-free interest rate, dividend yield, etc.Contract classification: If exercised immediately, making money means in-the-money, breaking even means at-the-money, and losing money means out-of-the-money. —《A 3-Hour Crash Course in Options》"
datetime: "2026-07-05T04:50:09.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42426118.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42426118.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42426118.md)
author: "[豪贼](https://longbridge.com/en/profiles/10720720.md)"
---

# Contract elements: include expiration date, expira…