Examlex
Harry Truman's reelection in 1948 was one of the greatest upsets in American political history.
Time Value
The additional amount that investors are willing to pay for an asset, based on the potential for it to increase in value over time.
At-The-Money
A financial term describing an option whose strike price is identical to the current price of the underlying asset.
Put Option
A financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.
Stock Price
The cost of purchasing a share of a company, which fluctuates based on supply and demand in the stock market.
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