Examlex
The key to appreciative listening is putting aside biases against what is being shared.
Put Contract
A financial contract giving the holder the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time.
Writer of a Call Option
The individual or entity that sells a call option and has the obligation to sell the underlying asset at the set strike price if the option is exercised.
Buyer of a Put Option
An investor who acquires the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a set time frame.
Underlying Asset
The financial asset upon which a derivative's price is based, including stocks, bonds, commodities, currencies, interest rates, and market indexes.
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