The ____ the Time Remaining Before an Option Expires, the ____

question 5

Multiple Choice

The ____ the time remaining before an option expires, the ____ the option value.

• A) longer; lower
• B) shorter; higher
• C) longer; higher
• D) shorter; lower

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Definitions:

Natural Gas

Hydrocarbons that exist as gas or vapor at ordinary temperatures and pressures.

Sedimentary Facies

Different sections of a sedimentary environment that exhibit distinct characteristics in terms of composition, appearance, and means of origin.

Regression

Regression in geology refers to the retreat of the sea from the land, resulting in the exposure of previously submerged areas, often indicating a relative drop in sea level or uplift of the land.

Subduction

The process by which one tectonic plate moves under another plate and into the mantle, often associated with volcanic activity.