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Underlying Stock
The stock that must be delivered when a derivative contract, like an option or futures contract, is exercised.
Initial Cost
The initial expenditure involved in purchasing an asset or starting a project.
Exercise Price
The established price at which an option holder may execute the purchase (in a call option scenario) or sale (when dealing with a put option) of the related security or commodity.
European Call Option Delta
A measurement of the sensitivity of a European call option's price to a change in the price of the underlying asset.
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