Examlex
Build a word that means skin (that is) dry:
Exchange-Traded Options
Financial derivatives that give the holder the right, but not the obligation, to buy or sell a specific amount of a security at a set price on or before a certain date.
Call Contract
An options contract that gives the holder the right to buy an underlying asset at a specified price within a certain time frame.
Premium
The amount by which the price of a security, especially a bond or insurance policy, exceeds its principal amount or face value.
American-Style Option
A type of options contract that can be exercised at any time before expiration, offering more flexibility than European-style options.
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