Brett Has Just Calculated His Number of Sales Per Calls

question 37

Essay

Brett has just calculated his number of sales per calls for the last month.What has he calculated?

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Definitions:

Expiration

The end of the life of a financial instrument or contract, after which it must either be settled by delivery of the underlying assets or closed.

Dividend Paying

A characteristic of companies that regularly distribute a portion of their profits to shareholders.

Strike Call

A term that is likely confused with "call option," which is a financial contract giving the buyer the right, but not the obligation, to buy a stock or other asset at a predetermined price (the strike price) within a specific time frame.

Interest Rate

The fee, in the form of a percentage of the principal, that a lender requires from a borrower for the usage of assets.