Examlex
Rapid Application Development is a collection of methodologies that include all of the following except:
In-The-Money
A term describing an options contract that has intrinsic value; for a call, when the underlying asset's price is above the strike price, and for a put, when it's below.
Put Option
A financial contract that gives the holder 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 current price at which a particular stock is bought or sold in the market.
Exercise Price
The price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying security.
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