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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Cluny
Call Option
This financial instrument endows the acquirer with the right, without enforcing the responsibility, to buy assets such as stocks, bonds, or commodities at a pre-agreed price during a nominated time interval.
Call Option
A financial contract giving the buyer the right but not the obligation to buy a stock, bond, commodity, or other instrument at a specified price within a specific time period.
Time To Expiration
The duration until the expiry date of a financial instrument, such as an option or futures contract.
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