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March Put
A put option contract with a expiration date in March, allowing the holder to sell an asset at a pre-specified price.
Call Option
A financial contract giving the buyer the right, but not the obligation, to purchase a stock, commodity, or other asset at a specified price within a specified time.
Exercise Price
The predetermined price at which the holder of an option can buy (call) or sell (put) the underlying security or commodity.
Put Option
A financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price before or on a specified date.
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