Examlex
Which of the following Excel functions is NOT used to facilitate quick accuracy checks on the extreme values?
In-The-Money
A term used in options trading to describe an option that has intrinsic value, where the strike price is favorable compared to the current market price of the underlying asset.
Stock Price
The current price at which a share of a company is being bought or sold in the stock market.
Exercise Price
The price at which the holder of an option can buy (in the case of a call) or sell (in the case of a put) the underlying security or commodity.
Time Value
The portion of an option's price that exceeds its intrinsic value, reflecting the potential for further gain in value due to the remaining time until expiration.
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