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A stock is currently priced at $26 a share while the $30 put option is priced at $5.22. The put option delta is -.25. What is the approximate put price if the stock increases in value to $27?
Police Custody
The detainment of a person by the police, typically after an arrest, during which the individual is held before trial or release.
Counterculture Movement
A social movement that rejects and opposes mainstream cultural norms and values, notably prominent during the 1960s in the United States.
Rallying Cry
A phrase or slogan used to inspire and unify a group of people towards a common goal or in protest against a perceived injustice.
Democratic Party Convention
A significant gathering where the Democratic Party in the United States selects its presidential candidate and establishes party platform and policies.
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