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Identify the moral perspective at work here:
At the supermarket, Vickie just ran her cart into a display of jars with jams and preserves, and now the aisle is full of broken glass and jam. She feels like leaving the store as quickly as possible. Is that an acceptable course of action?
Yes, it is. Look, so long as Vickie thinks it's OK to leave, she's right. I, however, think it would be wrong, so I'd have to stay and clean up the mess.
Call Option
A financial contract that gives the buyer the right, but not the obligation, to buy a specified quantity of an asset at a set price within a specified time.
Strike Price
The rate at which an option's owner has the right to purchase (for a call option) or offload (for a put option) the underlying asset or commodity.
Market Price
The current price at which an asset or service can be bought or sold.
Put Option
A financial derivative that gives the holder the right, but not the obligation, to sell a specified quantity of an underlying asset at a set price within a specified time.
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