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The first cloned cat, called Carbon Copy, was a calico, but she looked significantly different from her female parent. Why was this the case with this clone?
Strike Price
The rate at which an option's owner has the right to purchase (for a call option) or offload (for a put option) the underlying asset or commodity.
Market Price
The current price at which an asset or service can be bought or sold.
Put Option
A financial derivative that gives the holder the right, but not the obligation, to sell a specified quantity of an underlying asset at a set price within a specified time.
Strike Price
The set price at which the holder of an options contract can buy (in the case of a call) or sell (in the case of a put) the underlying asset.
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