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A long call ladder consists of buying a call at one strike price and selling a call at each of two higher strike prices, while a long put ladder consists of buying a put at one strike price and selling a put at each of two lower strike prices. [1] A short ladder is the opposite position, in which one option is sold and the other two are bought. [1]
In finance, the binomial options pricing model (BOPM) provides a generalizable numerical method for the valuation of options.Essentially, the model uses a "discrete-time" (lattice based) model of the varying price over time of the underlying financial instrument, addressing cases where the closed-form Black–Scholes formula is wanting, which in general does not exist for the BOPM.
The first scientific calculator that included all of the basic ideas above was the programmable Hewlett-Packard HP-9100A, [5] released in 1968, though the Wang LOCI-2 and the Mathatronics Mathatron [6] had some features later identified with scientific calculator designs.
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Calculator Applications is one of several academic events sanctioned by the University Interscholastic League (UIL) in Texas, US. It is also a competition held by the Texas Math and Science Coaches Association, using the same rules as the UIL. Calculator Applications is designed to test students' abilities to use general calculator functions.
The surfaces are typically composed of thick, strong PVC or vinyl and nylon, and the castle is inflated using an electric or petrol-powered blower.The principle is one of constant leakage, meaning small punctures are not a problem – a medium-size "bouncy castle" requires a fan with a mechanical output of about two horsepower (about 1.5 kW) and consumes around 2 kW of electrical power ...
An extension ladder. A ladder is a vertical or inclined set of rungs or steps commonly used for climbing or descending. There are two types: rigid ladders that are self-supporting or that may be leaned against a vertical surface such as a wall, and rollable ladders, such as those made of rope or aluminium, that may be hung from the top.
A slide calculator, also known as an Addiator after the best-known brand, is a mechanical calculator capable of addition and subtraction, once made by Addiator Gesellschaft of Berlin, Germany. Variants of it were manufactured from 1920 until 1982. The devices were made obsolete by the electronic calculator.