Define each of the following terms: Call option Put option Strike price or exercise price Expiration date Exercise value Option price Time value Writing an option Covered option Naked option In-the-money call Out-of-the-money call LEAPS
Define each of the following terms:
- Call option
- Put option
- Strike price or exercise price
- Expiration date
- Exercise value
- Option price
- Time value
- Writing an option
- Covered option
- Naked option
- In-the-money call
- Out-of-the-money call
- LEAPS
