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How does melanin protect the skin from the effects of ultraviolet light?
Open Interest
The total number of outstanding derivative contracts, such as futures or options, that have not been settled.
Spread Position
In trading, holding a combination of options positions that offset each other, to capitalize on movements in market prices or volatility.
Maturity
The date on which a financial obligation must be repaid or the final due date on which a bond or other debt instrument comes due and the principal must be paid back.
Futures Contract
A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, often used for hedging or speculating on the future price of financial instruments.
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