Volatility smile is a common graph shape that can occur when plotting the strike price and implied volatility of a group of options with the same underlying asset and expiration date. 

 

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Valoren number is an identification number given to a financial instrument in Switzerland. It usually consists of 6 to 9 numbers

 

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Data smoothing is removing the noise from a data set. It allows important patterns to stand out. Can be used to help predict trends, such as those found in securities prices.

 

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