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Quotes of the day:
Let me tell you something that we Israelis have against Moses. He took us 40 years through the desert in order to bring us to the one spot in the Middle East that has no oil!
Omega is a measure of option pricing, similar to the option Greeks that measures various characteristics of the option itself. Omega measures the percentage change in an option’s value with respect to the percentage change in the underlying price. In this way, it measures the leverage of an options position.
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