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Convertibles
Convertibles are financial instruments, such as bonds or preferred stock, that can be converted into a predetermined number of common stock or equity shares, offering both fixed income and potential for capital appreciation.
Strike Price
The strike price is a predetermined price at which the holder of an option can buy (call option) or sell (put option) the underlying asset until the expiration date.
Current Price
The present value or selling price of an asset, security, or commodity available in the marketplace.
Put Option
A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.
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