Examlex
Which statement about Tamoxifen is correct?
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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