Examlex
When it comes to easing lower back pain, which of the following has the medical establishment come to accept as scientifically legitimate?
May 40 Put
A put option contract with a strike price of $40, expiring in May, giving the holder the right to sell the underlying asset at this price.
May 40 Call
An options contract that gives the holder the right, but not the obligation, to buy a stock at a price of $40 per share before or on its expiration in May.
ABC Stock
A hypothetical or generic naming for a stock used in examples; not a specific financial term.
Positive Earnings
When a company’s income, excluding losses and expenses, is more than zero indicating profitability.
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