The Term Cleavage Refers to the Tendency of Some Minerals

question 58

Multiple Choice

The term cleavage refers to the tendency of some minerals to

• A) resist scratching.
• B) break along definite smooth planes.
• C) break into equal-sized halves.
• D) scratch other minerals.

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Definitions:

Delta

In the context of options and finance, delta measures the sensitivity of an option's price to changes in the price of the underlying asset.

Option's

Financial derivatives that grant the buyer the right, but not the obligation, to buy or sell an asset at a specified price before a certain date.

Time Value

Refers to the concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

Strike Price

The strike price, also known as the exercise price, is the set price at which an option's holder can buy (in the case of a call) or sell (in the case of a put) the underlying asset or security.