What Do Dense Crystalline Rocks and Shales Have in Common

question 34

Multiple Choice

What do dense crystalline rocks and shales have in common?

• A) They are both too stupid to pass a geology test!
• B) They both have low porosity and will be impermeable to oil or water.
• C) They are usually made out of sediment sized rock fragments.
• D) The are both deposited in fresh water rivers and lakes.

---

Definitions:

In The Money

A term referring to an option contract that has intrinsic value. For call options, this means the underlying asset price is above the strike price, and for put options, it means the underlying asset price is below the strike price.

Call

A stock market option that gives the holder the right to buy shares at a specified price within a specific time period.

Put

A financial contract giving the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a specified time frame.

Conversion Value

The financial value of converting a convertible security, like a convertible bond, into its underlying equity at the current market price.