As an Option Moves Further In-The-Money, Delta Moves Toward ________

question 53

Multiple Choice

As an option moves further in-the-money, delta moves toward ________.

• A) 0
• B) -1
• C) 1
• D) large numbers

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Definitions:

Reabsorption

The process by which substances are taken back into the bloodstream from the kidneys or other tissues.

Uric Acid

A chemical created when the body breaks down substances called purines, excreted in urine and associated with gout and kidney stones when present in high concentrations.

Urea

A nitrogenous waste compound produced by the breakdown of proteins in the liver and excreted in urine.

Vertebrate Kidney

Organs in vertebrates responsible for filtering blood, removing waste products, and balancing bodily fluids.