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The work-comes-first lifestyle is exemplified by
Exercise Price
The established price at which an option holder may execute the purchase (in a call option scenario) or sale (when dealing with a put option) of the related security or commodity.
European Call Option Delta
A measurement of the sensitivity of a European call option's price to a change in the price of the underlying asset.
European Put Option Delta
European Put Option Delta quantifies the sensitivity of the price of a European put option to changes in the price of the underlying asset, representing the price movement correlation.
Random Variable
A variable whose possible values are outcomes of a stochastic process, often used in probability and statistics.
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