1. Options Using the following table, determine which key term best matches each definition Definition Key Term Out of the money A put option is said to be this when the market price of the underlying security is equal to the exercise price of the put option. A contract that gives the owner the right, but not the obligation, to sell a specific financial instrument for a specific price within a specific period of time. Call Option The price at which the owner of an option can purchase or sell the underlying security if they want to utilize the option. Exercise Price Put Option Strike Price A contract that gives the owner the right, but not the obligation, to purchase a specific financial instrument for a specific price within a specific period of time. Grade It Now Save & Cont Continuinhou