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Which of the following is true? a. All option implied volatilities tend to move by the same amount from one day to the next. b.

Which of the following is true?

a.

All option implied volatilities tend to move by the same amount from one day to the next.

b.

The implied volatilities of long-dated options tend to move by more than the implied volatilities of short-dated options.

c.

The implied volatilities of short-dated options tend to move by more than the implied volatilities of long-dated options.

d.

Sometimes B is true and sometimes C is true

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