The Gamma of an Option Is

question 8

Multiple Choice

The gamma of an option is

• A)The dollar change in the option delta for a $1 change in the price of the underlying.
• B)The percentage change in option delta for a 1% change in the price of the underlying.
• C)The dollar change in the option price for a sudden unit jump change in the price of the underlying.
• D)The percentage change in the option price for a sudden unit jump change in the price of the underlying.

Recognize the role and contribution of small businesses to the U.S. economy and their position in the competitive landscape.

Understand the implications of legislation on price-fixing and its effect on competition.

Explain the concept of regulation and its impact on the conduct of business activities.

Grasp the objectives of patent law and copyright law in protecting intellectual property.

---

Definitions:

Homeless People

Individuals who lack stable and permanent housing, often living in shelters, on the streets, or in other temporary accommodations.

Graduates

Individuals who have successfully completed a course of study at a college, university, or other educational institution.

Rocks

Rocks refer to solid mineral material forming part of the surface of the earth and other similar planets, exposed on the surface or underlying the soil or oceans.

Statistician's Fallacy

The error of ignoring the variability inherent in data or conclusions derived from statistical processes.