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Options are known to be a wasting asset. A. Why are options considered to be a wasting asset? B. As a wasting asset, which of

Options are known to be a wasting asset.

A. Why are options considered to be a wasting asset?

B. As a wasting asset, which of the "Greeks" derives the rate of change of the option's premium value?

C. If you are long an option is the value of this "Greek" usually positive or negative and why?

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