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I stretch a rubber band and "plunk" it to make it vibrate in its fundamental frequency.I then stretch it to twice its length and make it vibrate in the fundamental frequency once again.The rubber band is made so that doubling its length doubles the tension and reduces the mass per unit length by a factor of 2.The new frequency will be related to the old by a factor of:
Call Option
A financial contract that gives the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.
Stock Price
The current market price at which a share of a company's stock can be bought or sold.
Volatile
Describes an asset, security, or market characterized by rapid and significant price changes over a short period.
Option
A financial derivative that gives the holder the right, but not the obligation, to buy or sell an asset at an agreed-upon price within a certain period.
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