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A pure public good can become an impure public good.
Exercise Price
The exercise price is the specified price at which the option holder can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.
Risk-Free Rate
The rate of return on an investment with no risk of financial loss, typically represented by government bonds.
Inflation Rate
The inflation rate measures the annual percentage increase in the general price level of goods and services in an economy, indicating how quickly prices are rising.
March Put
An options contract which grants the holder the right to sell a specific financial instrument at a predetermined price before or at a specified date in March.
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