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A question that gives maximum control and freedom to the interviewee is called the OPEN-ENDED question.
Expiration Date
The date on which an option, futures contract, or similar financial instrument becomes invalid and the right to exercise it ceases.
Exercised
Refers to the action taken by the holder of an option contract to utilize their right to buy or sell the underlying asset at the strike price.
Black-Scholes Model
A mathematical model used for pricing options, providing estimates of the variations over time of financial instruments.
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