Examlex
A driver wants to make a trip from city 1 to city 7. The road mileage between cities is given below. Find the shortest route.
Naked Strategy
A trading tactic involving the speculative purchase or sale of financial instruments without protective measures to offset potential losses.
Long Put
An options strategy where an investor purchases a put option, betting that the underlying asset's price will decline below the strike price before expiration.
Collar Strategy
An investment strategy that uses options to limit the range of possible returns, protecting against large losses but also capping large gains.
Exercise Price
The price at which an option holder can buy (call option) or sell (put option) the underlying asset or security.
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