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Because of the put-call parity relationship, under equilibrium conditions a put option on a stock must sell at exactly the same price as a call option on the stock, provided the strike prices for the put and call are the same.
Communist Party
A political party that advocates for the principles of communism, aiming to establish a classless society based on common ownership of the means of production and the absence of social classes, money, and the state.
Cultural Movement
A change in the way a number of different disciplines approach their work, reflecting a new societal emphasis or preference.
Court-Packing
A strategy to manipulate the composition and decisions of a judiciary body, especially the Supreme Court, by increasing the number of judges to obtain favorable rulings.
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