Examlex
List and briefly describe the three steps in the time management system.
Delta Neutral
The value of the options portfolio is not affected by changes in the value of the underlying asset.
Elasticity
A measure of how much the demand or supply of a product or service changes in response to a price or income change.
Hedge Ratio
The proportion of a position or investment that is hedged, aiming to reduce risk exposure.
Hedge Ratio
The ratio that compares the value of the position protected via a hedge to the size of the entire position itself.
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