Examlex
Which of the following necessarily has a mean of 50 and a standard deviation of 10?
Delta
In finance, delta represents the rate of change of an option's price with respect to the change in the underlying asset's price.
Gamma
A measure of the rate of change in an option's delta for a one-unit change in the price of the underlying asset, indicating the convexity of an option's value relative to the underlying.
Theta
A term from options trading that describes the rate of change in an option's price with respect to the passage of time.
Elasticity
A measure of how much the demand or supply of a product changes in response to changes in price or other economic factors.
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