The Longer the Time to Expiration, the Lower the Option

question 117

True/False

The longer the time to expiration, the lower the option time premium tends to be.

---

Definitions:

Personal Fable

A belief held by adolescents that they are unique and invulnerable, often leading to risk-taking behaviors.

David Elkind

A psychologist known for his work on adolescent cognitive development and the concept of "adolescent egocentrism."

Ambitions

Desires or goals that an individual actively aims to achieve, often related to personal, educational, or professional success.

Attachment Styles

Patterns of attachment in interpersonal relationships indicating the nature of bonding between individuals, categorized into secure, avoidant, ambivalent, and disorganized types.