Examlex
Identify the following terms.
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Strike Price
The fixed price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.
Market Price
The existing rate at which a good or service is available for buying or selling.
Call Option
A financial contract granting the buyer the right, but not the obligation, to buy an underlying asset at a specified price within a certain period.
Exercise Price
The price at which an option holder can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.
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