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American Call Option
An option contract that gives the holder the right, but not the obligation, to buy an underlying asset at a specified price within a set period, anytime until the contract's expiration.
Agreed Upon Quantity
This is the quantity of goods that the buyer and seller have mutually agreed upon for a transaction.
Expiration Date
The specific day on which an option contract or other derivative expires and can no longer be exercised.
Payoff Profile
A graphical representation that shows the potential profit or loss of an option at various prices of the underlying asset.
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