and pronounced
for both puts and calls
(3) Increasing the risk-free rate has a positive impact on call values and a negative impact on put values
(4) For both puts and calls, increasing the time to expiration has a positive effect on option value. An option is therefore a wasting asset: its value declines as time goes by, all held constant
Time Value)
만기일까지 기초자산의 가격변동 등에 따라 얻게 될 기대가치. 즉, 프리미엄(premium).
만료일까지의 잔존기간 동안에 얻을 수 있는 이익과 회피할 수 있는 위험에 대한 기대가치이므로 만료일에 근접할수록 감소하며, 장래에 행사가치를 가질 가능성이 클수록 높아진다.
현재 기초자산가격
time, let them read the article (or parts of it) again
3) Recall the information if they need
4) Gives correct answers and instruction
Reading exercises
(WCW)
1. Comprehending exercises
T/F with correcting false statements
The teacher
1) Gives instruction
2) Elicit the answer from the students
3) Gives correct answers and instruction
2. Sentence linking activities
time
Controls the body composition and structures
Calcium, Potassium, Magnesium, iron, kalium
During exercises, sodium and kaliums are discharged with sweat so providing water and minerals to the body is very important.
Skipping meal will effect the development of body because of lack of nutrients. Minerals, proteins and vitamins are the easy nutrients to be lack of.
If the nutrient is ove
① Contraction with “not”
(3) a. He shouldn’t see her.
b. *He worksn’t with her
→ Main verbs cannot contract with not.
(4) a. He may not come.
b. *He mayn’t come.
c. We shan’t be very long.
d. We won’t be very long.
→ May cannot contract with not.
Shan’t exists only in British English.
② Subject-aux inversion in yes/no questions &
tag questions