_____ of an Option Is the Change in the Value

question 9

Multiple Choice

_____ of an option is the change in the value of the derivative security with respect to movements in the share price,holding everything else constant.

• A)Gamma
• B)Delta
• C)Vega
• D)Theta

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Definitions:

Goldsmiths

Historically, craftsmen who made and traded gold items, but also pivotal in the development of banking as they stored and lent money.

Gold Standard

An economic system where a fixed amount of gold serves as the standard unit of currency.

Branch Banking

Refers to a banking system where a single bank operates multiple outlets or branches, providing a range of banking services in different locations.

Banking Laws

Legislation that governs the operation of banks and other financial institutions, including regulations on lending, deposit taking, and investments.