Examlex
Some entries in a CRUDE matrix does not imply a message being sent from an actor or object to another actor or object.
Expiration Date
The last day on which an option or futures contract is valid or can be exercised.
Option
A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at an agreed-upon price within a specific timeframe.
Exercised
In financial terms, refers to the act of utilizing the rights provided by a derivative contract, such as executing a buy or sell order under the terms of an option contract.
American Call Option
A financial contract that gives the holder the right, but not the obligation, to buy a specified amount of an underlying asset at a specified price within a certain time period.
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