Examlex
Which of the following is a core element associated with near-death experiences?
Out-Of-The-Money
A term used in options trading to describe an option that has no intrinsic value. For a call option, this is when the strike price is above the market price of the underlying asset; for a put option, it's the opposite.
Exercising Option
The act of utilizing the right to buy or sell an underlying asset at a predetermined price before the expiration date.
In The Money
A term used in options trading to describe a situation where an option has intrinsic value, indicating a favorable position.
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