Examlex
A work schedule that allows employees to work ten hours a day for four days instead of eight hours a day for five days is an example of a flextime system.
Time Value
The portion of an option's price that exceeds its intrinsic value, reflecting the potential for further gain in value due to the remaining time until expiration.
At-The-Money
A term used in options trading to describe an option whose strike price is identical to the current market price of the underlying asset.
Call Option
An option contract granting the holder the privilege to buy an asset at a predetermined strike price until the expiration date.
Stock Price
The current price at which a share of a company is being traded on the stock market.
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