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When we are too hot, we perspire in order to lower our body temperature and thereby
Exercise Price
The exercise price is the price at which an option holder can buy (call option) or sell (put option) an underlying asset or security.
Call Option
An agreement in finance that allows the owner the option, but not the requirement, to purchase a stock, bond, commodity, or different asset at a determined price during a defined timeframe.
Writer
In the context of options, the seller of an option contract who is obligated to meet the terms of the contract if the option is exercised.
Strike Price
The price at which the holder of an option contract can buy (call option) or sell (put option) the underlying asset.
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