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Put-Call Parity
A fundamental principle in options pricing that establishes a specific relationship between the prices of European put and call options with the same strike price and expiration date.
European Put Option
A financial contract that gives the holder the right, but not the obligation, to sell an underlying asset at a specified price on the expiration date.
Exercise Price
The price at which the holder of an option can buy (for a call option) or sell (for a put option) the underlying security.
Currency-Translated Options
Options that involve the right to buy or sell a specified amount of one currency for another at a predetermined exchange rate during a specified period.
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