Examlex
The ________ segment of the US premium wine market skews male, has an average age of 35, and uses wine as a badge to say who they are, so they are willing to pay more to make sure they're getting the right bottle.
Put Option
An agreement that allows the holder to sell a predetermined quantity of a particular asset at an agreed-upon price before a certain deadline, without being required to do so.
Exercise Price
The exact price at which an option's holder is allowed to purchase (for a call option) or sell (for a put option) the asset underlying the option.
Stock Price
The amount of money it would cost to purchase one share of a company; determined by supply and demand in the market.
Strike Price
The predetermined price at which the holder of an option can buy or sell the underlying asset.
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