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Sea stars reproduce
Call Option
A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a certain period of time.
Put Option
A financial contract giving the holder the right to sell a specified amount of an underlying asset at a set price before a certain date.
GM Stock
Equity shares issued by General Motors Company, a major automotive manufacturer based in the United States.
Strike Price
The predetermined price at which the holder of a options contract can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.
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