Examlex
Large reptiles (e.g., alligators)are all restricted to ________ environments.
Call Option
A call option is a financial contract giving the buyer the right, but not the obligation, to buy an asset at a specified price within a specific time frame.
Delta
The number of stocks required to hedge against the price risk of writing one option. Also called the hedge ratio.
Underlying Asset
An asset upon which a derivative's price is based, ranging from commodities and currencies to stocks and bonds.
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