Examlex
Use the distributive property to rewrite a sum as a product or the product as a sum.
--2a + 17a
Exercise Price
The rate at which an option's owner is permitted to purchase or sell the underlying asset.
Option Contract
A contract which gives the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price prior to or on a specified date.
Call Option
A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a certain period.
Strike Price
The set price at which an option contract can be bought (call) or sold (put) when it is exercised.
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