Examlex
Which of the following is a salesperson who works to develop long- term relationships with particular customers or to generate new sales?
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.
Delta
In finance, a measure of the sensitivity of an option's price to a change in the price of the underlying asset, indicating how much the price of the option is expected to move based on a $1 change in the underlying asset.
Underlying Asset
The financial asset upon which a derivative's price is based, such as stocks, bonds, commodities, or currencies.
Hedge Ratio
The proportion of a position which is hedged, representing a strategy to minimize the risk of adverse price movements in an asset.
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