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After taking a particular illegal drug, Mark feels as if everyone around him is a close friend. "I love you, man!" he tells several complete strangers as he hugs them. But he's getting increasingly dehydrated, and he's ignoring the muscle cramps in his legs. Chances are that Mark has:
Futures Contract
A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, often on a financial or commodity market.
Hedge Inventory
Hedge inventory involves the use of financial instruments or market strategies to offset potential losses or gains in the inventory's value due to price fluctuations.
Selling Price
The amount of money a buyer pays to purchase a product or service.
Call Option Contract
A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specific timeframe.
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