Traducción y análisis de palabras por inteligencia artificial ChatGPT
En esta página puede obtener un análisis detallado de una palabra o frase, producido utilizando la mejor tecnología de inteligencia artificial hasta la fecha:
- cómo se usa la palabra
- frecuencia de uso
- se utiliza con más frecuencia en el habla oral o escrita
- opciones de traducción
- ejemplos de uso (varias frases con traducción)
- etimología
out of money - traducción al árabe
![A stack of twenty [[Walking Liberty half dollar]]s (left), which contain 90% silver. In an example of Gresham's law, these coins were quickly hoarded by the public after the [[Coinage Act of 1965]] debased half dollars to contain only 40% silver, and then were debased entirely in 1971 to base [[cupronickel]] (right).](https://commons.wikimedia.org/wiki/Special:FilePath/Two stacks of half dollars, one silver, one clad - effects of the Coinage Act 1965.jpg?width=200 "A stack of twenty [[Walking Liberty half dollar]]s (left), which contain 90% silver. In an example of Gresham's law, these coins were quickly hoarded by the public after the [[Coinage Act of 1965]] debased half dollars to contain only 40% silver, and then were debased entirely in 1971 to base [[cupronickel]] (right).")
Definición
Wikipedia
In finance, moneyness is the relative position of the current price (or future price) of an underlying asset (e.g., a stock) with respect to the strike price of a derivative, most commonly a call option or a put option. Moneyness is firstly a three-fold classification:
- If the derivative would have positive intrinsic value if it were to expire today, it is said to be in the money;
- If the derivative would be worthless if expiring with the underlying at its current price, it is said to be out of the money;
- And if the current underlying price and strike price are equal, the derivative is said to be at the money.
There are two slightly different definitions, according to whether one uses the current price (spot) or future price (forward), specified as "at the money spot" or "at the money forward", etc.
This rough classification can be quantified by various definitions to express the moneyness as a number, measuring how far the asset is in the money or out of the money with respect to the strike – or, conversely, how far a strike is in or out of the money with respect to the spot (or forward) price of the asset. This quantified notion of moneyness is most importantly used in defining the relative volatility surface: the implied volatility in terms of moneyness, rather than absolute price. The most basic of these measures is simple moneyness, which is the ratio of spot (or forward) to strike, or the reciprocal, depending on convention. A particularly important measure of moneyness is the likelihood that the derivative will expire in the money, in the risk-neutral measure. It can be measured in percentage probability of expiring in the money, which is the forward value of a binary call option with the given strike, and is equal to the auxiliary N(d2) term in the Black–Scholes formula. This can also be measured in standard deviations, measuring how far above or below the strike price the current price is, in terms of volatility; this quantity is given by d2. (Standard deviations refer to the price fluctuations of the underlying instrument, not of the option itself.) Another measure closely related to moneyness is the Delta of a call or put option. There are other proxies for moneyness, with convention depending on market.
