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The options trader makes a profit of $200, or the $400 option value (100 shares * 1 contract * $4 value at expiration) minus the $200 premium paid for the call.
In the figure, the fraction 1/9000 is displayed in Excel. Although this number has a decimal representation that is an infinite string of ones, Excel displays only the leading 15 figures. In the second line, the number one is added to the fraction, and again Excel displays only 15 figures. In the third line, one is subtracted from the sum using ...
The intrinsic value is the difference between the underlying spot price and the strike price, to the extent that this is in favor of the option holder. For a call option, the option is in-the-money if the underlying spot price is higher than the strike price; then the intrinsic value is the underlying price minus the strike price.
Code completion in Qt Creator 5.0: The programmer types some code, and when the software detects a recognizable string such as a variable identifier or class name it presents a menu to the programmer which contains the complete name of the identified variable or the methods applicable to the detected class, and the programmer makes a choice ...
Plain text is also sometimes used only to exclude "binary" files: those in which at least some parts of the file cannot be correctly interpreted via the character encoding in effect. For example, a file or string consisting of "hello" (in any encoding), following by 4 bytes that express a binary integer that is not a character, is a binary file ...
However, executable files may also contain data used by the program which is built into the program. In particular, some executable files have a data segment, which nominally contains constants and initial values for variables, both of which can be considered data. The line between program and data can become blurry.
In the program's source code, this message would likely appear as a string literal. User-entered text, like "I got a new job today" as a status update on a social media service. Instead of a string literal, the software would likely store this string in a database. Alphabetical data, like "AGATGCCGT" representing nucleic acid sequences of DNA.
A string literal or anonymous string is a literal for a string value in the source code of a computer program. Modern programming languages commonly use a quoted sequence of characters, formally "bracketed delimiters", as in x = "foo", where , "foo" is a string literal with value foo. Methods such as escape sequences can be used to avoid the ...