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The Median Is the Arithmetic Average of the Values on a Given

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The median is the arithmetic average of the values on a given variable.


Definitions:

Stock Price

The cost of purchasing a share of a company, as traded on a stock exchange, which may fluctuate based on supply and demand dynamics.

Exercise Price

The price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.

Stock Volatility

The rate at which the price of a stock increases or decreases for a given set of returns, indicative of the risk or stability.

Exercise Price

The price at which an option holder can buy (call option) or sell (put option) the underlying security.

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