Examlex
According to one leading OD practitioner,OD is not the technology of what is done but it is a philosophy of how the change is brought about.
Puts
Options contracts giving the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.
Call Contract
A financial contract that gives the holder the right, but not the obligation, to buy a specified amount of an underlying asset at a predetermined price within a specified time period.
Put Contract
A financial agreement that grants the holder permission, but not the requirement, to sell a certain amount of an underlying asset at a predetermined price before a certain deadline.
Call Premium
The additional cost over the par value that an investor must pay to purchase a callable security before its maturity date.
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