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If Something Is Unethical, It Is Also Illegal

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If something is unethical, it is also illegal.


Definitions:

Risk-free Rate

The theoretical return on an investment without any risk of financial loss, typically represented by the yields on government securities.

Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specific amount of an underlying asset at a set price within a specified timeframe.

Black-Scholes

A model used to price European options, calculating the theoretical price for derivatives based on factors like volatility, time, and the risk-free rate.

Standard Deviation

A statistical measure of the dispersion or variability of a set of values, indicating how much individual values within a data set differ from the mean or average value.

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