By Kenneth Oppel
Input a previous within which airplanes have by no means been invented, great airships rule the skies and the glittering skyscrapers of Lionsgate urban, Canada's maximum city, upward thrust close to the Pacificus Ocean. while Matt Cruse, cabin boy at the luxurious airship Aurora, fearlessly plays a dramatic rescue to save lots of an outdated guy from his broken sizzling air balloon, he doesn't comprehend what occasions he's environment in movement. Will he and the balloonist's fiery granddaughter, Kate de Vries, have the ability to clear up the secret of very unlikely flying creatures obvious one of the clouds? and may they determine it out sooner than pirates and shipwreck finish their voyage without end?
Winner of the Governor General's Award for Children's Literature and plenty of different nationwide and foreign honours, Kenneth Oppel's story of aerial experience has fired the imaginations of readers world wide. An speedy vintage!
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Additional info for Airborn (Matt Cruse, Book 1)
In additional to volatility and time, value is also affected by volume—the level of trading activity in the stock and in the option, or in the market as a whole. The level of volume in a stock might have a similar effect in options, or option volume could be affected by entirely different factors. Options traders look for clues to explain circumstances when option volume increases but no corresponding increase is seen in the stock. That could indicate that Option Valuation 35 other factors, not yet widely appreciated in the market, are distorting the option’s value or the stock’s value, or other factors (such as unfounded rumors) are causing distortions in option values.
2 The Declining Time Value of an Option Option Premium (Striking Price of $45) Month Stock Price Total Value Intrinsic Value1 1 $45 $3 $0 $3 2 47 5 2 3 3 46 4 1 3 4 46 3 1 2 5 47 4 2 2 6 44 2 0 2 7 46 2 1 1 8 45 1 0 1 9 46 1 1 0 1 Time Value2 Intrinsic value reflects the price difference between the stock’s current market value and the option’s striking price. 2 Time value is greatest when the expiration date is furthest away and declines as expiration approaches. graph) and option values (bottom graph).
As a put seller, you grant someone else the right to sell 100 shares of stock to you at a fixed price. If the put is exercised, you will be required to buy 100 shares of the stock at the striking price, which would be above the market value of the stock. For taking this risk, you are paid a premium when you sell the put. Like the call seller, put sellers do not control the outcomes of their positions as much as buyers do, since it is the buyer who has the right to exercise at any time. Example: Last month, you sold a put with a striking price of $50 per share.
Airborn (Matt Cruse, Book 1) by Kenneth Oppel