Reversal Short Financial Success Strategies 10 ppt

... at 100 , you would go long the 100 105 box by going long the 100 synthetic and by going short the 105 synthetic. You would buy one 100 call, sell one 100 put, sell one 105 call, and buy one 105 ... Conversions reversals, boxes and options arbitrage 239 Short box If XYZ is at 100 , you could sell one 100 call, buy one 100 put, buy one 105 call, and sell one 105 put to create...

Ngày tải lên: 21/06/2014, 15:20

... below: ■ long call = long delta = long underlying ■ short call = short delta = short underlying ■ long put = short delta = short underlying ■ short put = long delta = long underlying. A consequence ... Options fundamentals at 100 , and the next day it settles at 102 : 2 / 100 = 2%. 2% × 16 = 32% annu- alised volatility. Note that if on the following day XYZ retraces to...

Ngày tải lên: 21/06/2014, 15:20

... expiry. 330 5 10 0 –5 10 –15 310 320 340 350 360 370 380 390 Figure 11.4 Expiration profit/loss relating to Table 11.5 10  Combos and hybrid spreads for market direction 103 Maximum upside ... buy their straddles back. 330 5 10 15 20 25 0 –5 10 –15 –20 –25 310 320 340 350 360 370 380 390 Figure 11.2 Expiration profit/loss relating to Table 11.3 110 Part 2  Opt...

Ngày tải lên: 21/06/2014, 15:20

... (a) i) 137.5 + 68 – [2 × 97.5] = 10. 5 ii) [5775 – 5675] – 105 = 89.5 iii) 5675 + 10. 5 = 5685.5 iv) 5875 – 10. 5 = 5864.5 v) 5864.5 – 5685.5 = 179 points vi) 10. 5 = 105 (b) i) 159.5 + 57 – 117 – ... straddle plus a short strangle with all strikes equidistant. A short iron butterfly has the opposite long/ short position. Iron condor A long iron condor is a long strangle plus a...

Ngày tải lên: 21/06/2014, 15:20

... long put, short call combo 104 short call spread 76, 83 short iron butterfly 124 short put spread 83 straddle 308 long 57, 110 13 short 57, 114–16 strangle 57, 308 long 116–18 short 118–19 strike ... long put, short call combo 104 , 105 long put spread 79 long straddle 111, 112 long strangle 116 puts 21, 22, 197, 308 short at-the-money call condor 147 short...

Ngày tải lên: 21/06/2014, 15:20

... is $1 ,100 billion (point K), $100 billion less than the $1,200 billion of output (point L on the 45° line). Since output exceeds aggregate demand by $100 billion, firms are saddled with $100 billion ... rate ␲ e . If the expected inflation rate is 10% , for example, then goods’ prices are expected to rise at a 10% rate, and their expected return is 10% . When ␲ e Ϫ r m rises, the expecte...

Ngày tải lên: 06/07/2014, 13:20

... neighborhoods with more traffic. Advanced Conclusion Strategies Independent Essay - 87 The following essays demonstrate how advanced strategies can turn a basic independent essay into ... 82 - Independent Essay To maximize scoring, apply the following advanced conclusion strategies to develop a basic independent essay into an advanced independent essay. a....

Ngày tải lên: 24/12/2013, 09:17

... This is the only place this applies. Energy Audit Institute Rev 7– October 2 010 FREE GUIDE TO ACHIEVING FINANCIAL SUCCESS AS AN ENERGY AUDITOR ... “low-cost” audit is about $600 per year, being able to only pay $100 for the audit becomes affordable. With the elimination of the $10, 000 to $20,000 cost in equipment by the energy auditor, there ... need, certification, software,...

Ngày tải lên: 15/03/2014, 20:20

... 276 sensitivity, tooth whitening 106 , 108 , 110, 113, 122 set-up bleaching review 127–8 bleaching trays 126–7, 129 crown preparation trays 229 shade assessment, whitening 106 , 109 10, 115, 144, 148 Sheets, ... 263 strategic planning 10 see also goal accomplishment strategic scheduling 226–32 stress control 225, 232, 237 study clubs 282 subconscious self-esteem 17–18 success, denin...

Ngày tải lên: 23/03/2014, 13:20

... payable WILLERFUNDS Combiné Combined Etats Financiers au 31/12 /10 Financial Statements at 31/12 /10 Exprimé en Expressed in USD Etat du Patrimoine au 31/12 /10 Statement of Net Assets at 31/12 /10 This is trial version www.adultpdf.com ... Page WILLERFUNDS Combiné Combined This is trial version www.adultpdf.com au 31/12 /10 at 31/12 /10 Rapport annuel et états financiers audités An...

Ngày tải lên: 20/06/2014, 06:20