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What does it mean to say that globalization contracts time and space?
Striking Price
The set price at which an option's holder is allowed to purchase or sell the asset underlying the option.
Stock Put Option
A financial derivative that gives the holder the right, but not the obligation, to sell a specified quantity of a stock at a set price within a certain time period.
Expiration Time
The specific date and time when an options or futures contract becomes void and the rights to exercise it cease.
Call Contract
An options contract that gives the holder the right to buy an underlying asset at a specified price within a certain period.
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