#time value

[mindresetsessions]

People are frugal in guarding their personal property; but as soon as it comes to wasting time they are most wasteful of the one thing in which it is right to be stingy. Seneca, Of the Shortness of Life

If this reflection feels meaningful, you may continue exploring the Stoic philosophy of time through Inner Clarity.

[djplatanoshwagg]

[rhianna]

As an option approaches its expiration date, its delta becomes highly sensitive and moves rapidly toward either 

0 or 1 (or -1 for puts), depending on whether the option is out-of-the-money (OTM) or in-the-money (ITM). 

Delta's Behavior Near Expiration

The relationship between delta and expiration is dynamic and differs significantly based on the option's moneyness (its strike price relative to the underlying asset's current price). 

In-the-Money (ITM) Options:The delta of an ITM option will accelerate and move closer to an absolute value of 1 (+1 for calls, -1 for puts) as expiration approaches. This reflects the increasing certainty that the option will be exercised. The option starts behaving more like the underlying stock itself.

Out-of-the-Money (OTM) Options: The delta of an OTM option will accelerate its move toward 0 as expiration nears. This reflects the increasing certainty that the option will expire worthless.

At-the-Money (ATM) Options:ATM options (delta near 0.50) experience the most dramatic changes in delta as the expiration date approaches. A small move in the underlying asset's price can cause a very large, rapid shift in the delta, either toward 1 or 0. This rapid rate of change in delta is measured by another Greek, gamma, which is highest for ATM options with little time left until expiration. 

The Role of Time Value and Probability

Delta can also be interpreted as the approximate probability of an option expiring in-the-money. 

When an option has a long time until expiration, there is more uncertainty, so the delta values for ITM and OTM options are closer to 0.50 (the "at-the-money" delta).

As time passes and the expiration date gets closer, that uncertainty is resolved. The "probability" (delta) of being ITM or OTM becomes more certain, pushing the delta to its extremes of 0 or 1. 

This accelerated change near expiration is a critical factor for options traders, particularly for those managing delta-hedged positions, who must constantly rebalance their portfolios to maintain their desired risk exposure. 

AI responses may include mistakes. For financial advice, consult a professional. Learn more

[lapetiteperle]

Day 7 - 14th of September

At bed: 1.30am (not bad, at least better than before)

Wake up time: alarm for 9am, but woke up at 12am

First thing in the morning: Tumblr draft and relaxed music with no lyrics

Breakfast: none

Lunch: 4pm

Dinner: 10pm

At bed: almost 1am

Another laundry day. But mostly laying on bed like a potato.

Today I thought about time. Like time I spent in the train, commuting anywhere (even gym). Sometimes wasted time that cant be returned. Only today I have got to know that time = money. You cant buy time.

If you pay cheaper rent, but you waste time on commuting, well... then you have hidden costs, that can be more than rent. Nevertheless, I realised that I want to spend my youth on something more meaningful than spending in commuting.

Earlier week I told myself that I am gonna declutter my room. But I have not started yet. I felt not so good these days tbh.

Okay, anyways. Need to go to sleep.

[zeeshanamjad]

Writing webservice with Python

We saw the example of writing webservice with node here https://zamjad.wordpress.com/2018/09/02/writing-webservice-with-node-js-and-express/ Now we are trying to do the same with python. There are different framework and libraries to write REST APIs such as Flask, Django, FastAPI, Tornado, Bottle, CherryPy, Falcon etc. Here we are going to use the flask lightweigh micro framework. The first step…

View On WordPress

[digilurn]

[rehanasarker]

Time, it's a calamity chaos, it's an invincible hurricane raging towards an unpredictable course, often i find it hard to gauge what's been effected in its wake. Maybe nothing at all; yet underneath, it all lingers an unsettling feeling. I'm moving, shaking like we are on the edge of something big, so big that will change the course of time itself and another great depression, nuclear war and Armageddon where the final curtain can come tomorrow and i guess that's why they say,

"Time is Precious, so much precious, specifically they know who lost it.