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A company is about to launch a new product, and test databases must be re-created from production data. The company runs its production databases on an Amazon Aurora MySQL DB cluster. A Database Specialist needs to deploy a solution to create these test databases as quickly as possible with the least amount of administrative effort. What should the Database Specialist do to meet these requirements?
Positive Intrinsic Value
The condition where an option or other financial instrument has a market price below its calculated value, suggesting undervaluation.
In-the-Money
An option is considered in-the-money when it has intrinsic value, meaning that for a call option the market price of the asset is above the strike price, and for a put option, it's below the strike price.
Strike Price
The fixed price at which an option's holder has the right to purchase (if a call option) or sell (if a put option) the underlying asset or commodity.
Option Premium
An option premium is the price that a buyer pays to the seller for an options contract, which gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified strike price.
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