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According to Lazarus, the transactional model of stress depends on a three-step cognitive process. These three steps are:
Value
Value refers to the importance, worth, or usefulness of something, often determined by its desirability, utility, or monetary worth in economic contexts.
In The Money
A term describing an option contract that would lead to a positive cash flow to the holder if it were exercised immediately.
Underlying Stock Price
The price of the stock that an option gives a holder the right to buy or sell.
Exercise Price
The price at which the holder of an options contract may buy or sell the underlying security.
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