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Options Odyssey: A Stock Adventure!

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Created December 28, 2025

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What is the term for the right, but not the obligation, to buy a stock at a set price before a certain date? What do we call the predetermined price at which an option can be exercised? Which term describes the amount paid for the rights conveyed by an option? What is the term for the date on which an option contract becomes void and the right to exercise it expires?

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