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option = the right to buy or sell a stock at a certain price. Usually the contract is the right to buy 100 shares of a stock. Therefore, the option will have several elements: an expiry date of when u can exercise the option, the price that you get to buy or sell the stock at, and the actual cost of the option
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Give them nothing, but take from them... EVERYTHING!!! - King Leonides
7seven: I really can't stand all these idiots who hit the gym now just because they watched 300 and want to be like a spartan. Case in point, this skinny guy comes into the gym the other day, must have only weighed ~ 140lbs, loads on 2 plates on the bench rack, mutters to himself, for sparta, unracks the barbell and proceeds to drop it directly on his chest.
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