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What is the Delta of an at-the-money binary option with a payo out $0$ at $<100$ dollars, and payout $1$ at $>100$ dollars, as it approaches expiry? This is from a sample interview exam. I
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2019/03/22 · A binary option is a financial product where the buyer receives a payout or loses their investment, based on if the option expires in the money.Binary options depend on the outcome of a …
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