Please Define the Following Key Terms

question 23

Short Answer

Please define the following key terms.
- Slave resistance

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Definitions:

Strike Price

The specified price at which an option contract can be exercised to buy or sell the underlying asset.

Call Option

A financial contract granting the buyer the right, but not the obligation, to purchase a stock, bond, commodity, or other asset at a specified price within a specific time period.

Call Option

A financial contract giving the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.

Specified Price

The fixed price at which a transaction is agreed upon between a buyer and a seller.