Examlex
During an intense game of volleyball, Shay slipped and banged her knee on the floor. "Ouch!" she cried, as she wished her brain would produce more
Expiration
The date on which a derivative contract such as an option or futures contract becomes void and the right to exercise it no longer exists.
Arbitrage Opportunity
A situation where a trader can profit from differences in price of the same asset in different markets without taking on any risk.
American Put Option
A type of put option that can be exercised at any time before its expiration, allowing the holder to sell the underlying asset at a specified price.
Exercise Price
The price at which the holder of an option can buy (in case of a call option) or sell (in case of a put option) the underlying asset.
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