It is a quality that the Ancient Greeks were shown to value through their epics. Odysseus, hero of Homer’s epic poem, The Odyssey, is a character that reveals several values of Ancient Greek culture through his
Longevity Greeks: What Do Insurers and Capital Market Investors Need to Know?Recently, it has been argued that capital markets may share some of the overwhelming longevity risk exposures borne by the pension and life insurance industries. The transfer of risk can be accomplished by trading ...
So, on October 28thdo Greeks eat cod? Greeks eat fish or cod exceptionally only when the festive anniversary falls on a fast, i.e., Wednesday or Friday, otherwise Greeks eat everything. Of course, cod remained a habit because it was salted and available all year round when there were no...
Examples of social engineering attacks Perhaps the most famous example of a social engineering attack comes from the legendary Trojan War in which the Greeks were able to sneak into the city of Troy and win the war by hiding inside a giant wooden horse that was presented to the Trojan army ...
Are Greeks Part of the Price of an Option? The Greeks are not part of the price of an option. They are used to estimate what the price of an option might do in response to changes in the market or the value of the underlying stock. This can help you judge the underlying risk of ...
Cash-settled index options do not correspond to a particular number of shares. Rather, the underlying instrument of an index option is usually the value of the underlying index of stocks times a multiplier, which is generally $100. Volatility Indexes, by nature, are less volatile than their ...
Manufacturing may date as far back as the New Stone Age, when basic tools for grinding food, dyeing and weaving textiles, and fermenting and distilling liquor were first created. The next phase of development was ushered in by the ancient Greeks and Romans, who are credited with the invention...
Those tools allowed Newton, Leibniz, and other mathematicians who followed to calculate things like the exact slope of a curve at any point.The Story of Mathematicsexplains the importance of Newton's fundamental theorem of the calculus: "Unlike the static geometry of the Greeks, calculus allowed ...
This strategy is used as a form of investment insurance to ensure that losses in the underlying asset do not exceed a certain amount, namely the strike price. In general, the value of a put option decreases as the expiration date approaches because the probability of the stock falling below...
And if you don’t know about option risk metrics (the “greeks”), now’s the time to learn. If at any point, a collar—or any position, for that matter—is no longer consistent with your objectives and/or risk tolerance, it’s time to liquidate the position and move on....