NOS and NEC Are

question 93

Multiple Choice

NOS and NEC are:

• A) abbreviations used for symptoms and exam findings.
• B) catchalls for diagnoses that do not quite fit any specific cause.
• C) mean "not otherwise specified" or "not elsewhere classified."
• D) all of these.
• E) none of these.

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Definitions:

Vega

The response of option price to a change in the standard deviation of the underlying asset.

Option's Price

The price at which a specific derivative contract can be exercised, determined by factors like the underlying asset's price, time to expiration, and volatility.

Volatility

The rate at which the price of a security increases or decreases for a given set of returns.

Time Value

The idea that having money now is more valuable than having the same amount later on because of its ability to generate earnings over time.