Examlex
The differential equation is
Call Option
A financial contract granting the buyer the right to buy an asset at a specified price before a set date.
Exercise Price
The cost at which the person holding the option has the right to purchase (in the case of a call option) or sell (in the case of a put option) the underlying asset.
Underlying Stock
This refers to the stock on which derivative contracts, such as options and futures, are based.
American Call
A type of call option that can be exercised at any time before its expiration date.
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