expired worthless
51Reconstruction Era of the United States — In the history of the United States, the term Reconstruction Era has two senses: the first covers the entire nation in the period 1865–1877 following the Civil War; the second one, used in this article, covers the transformation of the Southern… …
52Out Of The Money - OTM — 1. For a call, when an option s strike price is higher than the market price of the underlying asset. 2. For a put, when the strike price is below the market price of the underlying asset. Basically, an option that would be worthless if it… …
53Underwater — 1. The condition of a call option when its strike price is higher than the market price of the underlying stock. 2. The condition of a put option when its strike price is lower than the market price of the underlying stock. Also known as out of… …
54option — an agreement, often for a consideration, which permits the purchase or sale of something within a stipulated time, in accordance with the terms of the agreement. For example, a right by a tenant to take up a further lease of premises, usually… …
55Option — Gives the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a given date. Investors, not companies, issue options. Investors who purchase call options bet the stock will be worth more than the price set… …
56THE EVENTS — introduction European Jewry in the Early 1930s Germany in the Early 1930s the expansion of the reich …
