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Stock Price
The current market price at which a share of stock can be bought or sold.
Exercise Price
The price at which the holder of an option can buy or sell the underlying asset.
Time Value
The portion of an option's premium that is attributable to the amount of time remaining until the expiration of the option contract.
At-The-Money
A situation in options trading where the option's strike price is equal to the market price of the underlying asset.
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