Examlex
While telling an abusive joke about an ethnic group may not be unlawful,it is unethical.
Humor at someone else's expense is an example of unfair treatment of others.
Hedged Portfolio
An investment portfolio that uses strategies to offset potential losses or gains, aiming to reduce the risk of adverse price movements in its assets.
Delta
In finance, delta represents the rate of change of the theoretical option price with respect to changes in the underlying asset's price.
Call Option
A financial contract giving the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specified time.
Black-Scholes
A mathematical model used to estimate the theoretical price of European put and call options, considering factors such as risk-free rate, volatility, and time.
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