The Lambda of an Option Is Defined As

question 3

Multiple Choice

The Lambda of an option is defined as:

• A) expected change in the option premium for a small change in time to expiration.
• B) expected change in the option premium for a small change in volatility.
• C) expected change in the option premium for a small change in the spot rate.
• D) expected change in the option premium for a small change in the domestic interest rate.

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Definitions:

Necrophilia

A pathological attraction to dead bodies, often with a sexual aspect, which is considered a paraphilic disorder and is illegal.

Domination and Submission

A sexual or lifestyle dynamic characterized by the assignment of roles where one person dominates and another submits, often within negotiated boundaries.

Power

The ability or capacity to influence the behavior of others or the course of events.

Fetishism

A sexual fixation on a nonliving object or non-genital body part, which is a central source of erotic satisfaction.