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Exercise Price
The price at which the holder of an options contract can buy or sell the underlying asset.
Stock Split
A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which in turn diminishes its price.
American Call Option
A financial derivative allowing the buyer the right, but not the obligation, to buy a specific stock or asset at a predetermined price within a certain time period.
Underlying Asset
The security or asset on which a derivative contract is based, influencing its value and characteristics.
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