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How can astronomers determine the mass of the Sun?
Forward Contract
A forward contract is a customized financial agreement between two parties to buy or sell an asset at a specified future date for a price agreed upon today.
Payoff Profile
A payoff profile is a graphical representation showing the potential profit or loss of an investment strategy at various prices of the underlying asset at expiration.
Put Option
A financial derivative 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 timeframe.
Call Option
A financial contract giving the buyer the right, but not the obligation, to buy a specified amount of an underlying asset at a predetermined price within a set timeframe.
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