-As a result of this 1961 bus firebombing outside of Anniston, Alabama, the Freedom Riders began to receive protection from .
Definitions:
American Option
A category of options agreement allowing execution at any moment prior to its expiry date.
European Option
A type of financial derivative that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price on the option's expiration date.
Exercise
In financial contexts, it refers to the act of invoking the right to buy or sell the underlying asset as specified in a derivatives contract, such as options or warrants.
Intrinsic Value
The inherent or true value of an asset, investment, or company, based on underlying perception of its actual value including all aspects of the business, in terms of both tangible and intangible factors.
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