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In The Money
A term describing an option contract that has intrinsic value, meaning it is profitable to exercise.
Underlying Stock Price
The prevailing market value of the stock that a derivative contract, like an option, relies on.
February 20 Put
A put option that gives the holder the right to sell the underlying asset at a predetermined price on or before February 20.
Put Increases
An erroneous or unclear term; possibly refers to the increase in value of a put option as the underlying asset's price decreases.
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