Examlex
Turning the palm upward is:
Call Premium
The amount by which the price of a callable bond exceeds its par (or nominal) value or the amount paid for an option above its intrinsic value.
Time Spread
An options or futures strategy where a trader simultaneously buys and sells the same financial instrument with different expiration dates.
Exercise Price
The specified price at which the holder of an option can buy or sell the underlying asset.
Expiration Date
The date on which an option, future, or derivative contract becomes invalid and the right to exercise it ceases.
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