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Gaps in Saturn's rings are caused by
Expiration
The date on which a derivative contract such as an option or futures contract becomes void and the right to exercise it no longer exists.
Arbitrage Opportunity
A situation where a trader can profit from differences in price of the same asset in different markets without taking on any risk.
American Put Option
A type of put option that can be exercised at any time before its expiration, allowing the holder to sell the underlying asset at a specified price.
Exercise Price
The price at which the holder of an option can buy (in case of a call option) or sell (in case of a put option) the underlying asset.
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