Examlex
What happens if a case in a switch statement does not end with a break statement?
Protective Put
An options strategy wherein an investor holds a long position in a stock and buys put options on that same stock to protect against the stock's decline in price.
T-bill Rate
The yield or interest rate paid to investors of U.S. Treasury bills, a short-term government security.
Hedge Ratio
The ratio used to determine the appropriate amount of hedging required to protect a position or portfolio from price fluctuations.
Option Smirk
A pattern on the implied volatility graph for options across different strike prices that shows asymmetric volatility, often indicating market anticipation of movement.
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