Other Things Equal, the Price of an Option Goes Up

question 1

True/False

Other things equal, the price of an option goes up as the volatility of the option decreases.

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Definitions:

Right Ventricle

The lower right chamber of the heart that pumps oxygen-depleted blood to the lungs for oxygenation.

Pulmonary Trunk

A major blood vessel that carries deoxygenated blood from the right ventricle of the heart to the lungs for oxygenation.

Cushion the Heart

Likely refers to the protective layer around the heart, such as the pericardial fat or the pericardium, but without specific context, the term is ambiguous.

Outermost Layer

The external surface or coating of an object or body.