Examlex
The ____ the existing spot price relative to the strike price, the ____ valuable the put options will be.
Probability
Quantifying the chance of an event's occurrence with a figure between 0 and 1.
Ace of Spades
The highest card in a deck of playing cards, often symbolizing good luck or high status.
Probability
The likelihood or chance of an event occurring.
Face Card
In a deck of playing cards, refers to any card that depicts a figure or a face, specifically jack, queen, or king, contrary to numeral cards.
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