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Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
-James Oglethorpe, Georgia
Put Option Contract
A financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time.
Exercise Price
The rate at which the owner of an option is able to purchase (in the case of a call option) or dispose of (in the case of a put option) the underlying asset.
Intrinsic Value
The actual value of a company or asset based on an underlying perception of its true value including all aspects of the business, in terms of both tangible and intangible factors.
Call Option Contracts
Financial derivatives that give the buyer the right, but not the obligation, to buy a stock or another financial asset at a specified price within a specific time frame.
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