extrinsic
C2CEFR level
72/100Rarity: rare
TechnicalRegister
Describing the part of an option's price beyond its intrinsic value, reflecting time and volatility.
As expiry approached, the option's extrinsic value bled away to nothing.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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