C crgarcia Jun 6, 2007 #11 Extrinsic value, is the value beyond intrinsic value, that option sellers ask for the option; viceversa for bid. Even if there's no apparent "logic" for this price, this is the asking price, you take it or leave it.
Extrinsic value, is the value beyond intrinsic value, that option sellers ask for the option; viceversa for bid. Even if there's no apparent "logic" for this price, this is the asking price, you take it or leave it.