Examlex
A price ceiling set below the equilibrium price will result in a shortage.
Out Of The Money
Describes an options contract that would not yield a profit if exercised at the current market level.
In The Money
Describes an option with an intrinsic value where a call option's strike price is below the market price of the underlying asset or a put option's strike price is above.
Time Value
The additional amount an investor is willing to pay for an option above its intrinsic value, based on the time remaining until its expiration.
Put Option
A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified timeframe.
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