The Delta of a Cash-Or-Nothing Binary Call Option and the Gamma

question 28

Multiple Choice

The delta of a cash-or-nothing binary call option and the gamma of such an option

• A)is always positive;is always positive.
• B)is always positive;can be positive or negative.
• C)can be positive or negative;is always positive.
• D)can be positive or negative;can be positive or negative.

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors, thoughts, and emotions.

Cross-cultural Differences

Variations in values, beliefs, customs, and behaviors that exist among cultures, affecting how people interpret and interact with the world.

Behavior Patterns

Behavior patterns are repetitive sequences of actions, habits, or behaviors that are characteristic of an individual across different situations.