Examlex
Intermediate sanctions reduce the amount of control the state exerts over the individual compared tostandard probation.
Delta
A measure in financial markets that compares the change in the price of a derivative to the change in the price of its underlying asset.
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.
Theta
An option Greek that measures the rate of decline in the value of an option due to the passage of time.
Binomial Model
A financial model used to price options by considering two potential outcomes (up or down) over time for the underlying asset.
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