What is the term for the money paid by the option buyer to the option seller for the right to buy the underlying asset? Option: "Option Expiry", "Underlying Price", "Option Premium", "Strike Price"

What is the term for the money paid by the option buyer to the option seller for the right to buy the underlying asset?

What is the term for the price at which the buyer of a call option can purchase the underlying asset on the expiry date?

What is the term for the upfront fee paid by the buyer in an options agreement?

What is the term for the price at which the underlying asset is currently trading in the spot market?

What is the term for the pre-specified price at which the option can be exercised?

What is the term for the act of claiming the right to buy the underlying asset at the strike price on the expiry date?