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Following a severe stroke,Adam can no longer move his body at all.Although he can hear,see,and understand those around him,he cannot speak and appears to be unconscious.Adam is likely in a
Black-Scholes Model
A mathematical model used for pricing European-style options and assessing the options' market value based on factors such as volatility, risk-free rate, and time to expiration.
Exercised
Refers to the act of implementing the rights granted by a financial contract, commonly in options trading where a buyer may execute the option.
Hedge Ratios
Financial ratios used to calculate the optimal amount of exposure needed to hedge (protect against risk) a position or portfolio.
Long Calls
An option strategy involving the purchase of call options, giving the buyer the right, but not the obligation, to purchase a security at a specified price within a certain time frame.
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