moving applications to the cloud 2nd edition

... components. The first of these is the amount equal to the difference between the strike price and the price of the underlying, and it is termed the intrinsic value. The second component is the time ... consider the profit/loss position of the investor who sells the XYZ put. After all, you may decide that the put sale is the best strategy to pursue. Becaus...

Ngày tải lên: 20/06/2014, 20:20

... options theory takes a back seat. I went to the floor and wedged my way into the crowd, and I waited, knowing that I was covered. The bell sounded and the shouting began, and after a few brief stops ... money, then the long is credited with one tick times the contract multiplier, and the short is debited one tick times the contract multiplier. The multiplie...

Ngày tải lên: 20/06/2014, 20:20

... know about theory.) Then together we devised trade recommendations which the brokers passed on to their clients. The clients did well. One of them took one of our recommendations and bought ... If the underlying suddenly moves to the short strike that was formerly furthest out-of -the- money, the first solution is to buy back that strike. The second solution is to bu...

Ngày tải lên: 20/06/2014, 20:20

... 5. The profit on the long 95–100 call spread pairs off against the loss on the short 100–105 call spread. The butterfly is then worth- less, and the cost of the butterfly is taken as a loss. There ... with the butterfly There are other risks with the butterfly. The first is pin risk, which is unlikely, but possible. The two short strikes may expire at -the- money. It...

Ngày tải lên: 20/06/2014, 20:20

... months, and during this time they are exposed to risk. In order to cover their risk, the market-makers need to widen their bid–ask spreads. Under these circumstances, to ask the market-makers to ... wildly, then the options market-makers cannot hedge. In order to cover their risk, they need to widen their markets to correspond to the wide range of the underlyin...

Ngày tải lên: 20/06/2014, 20:20

... on the other hand, you sell the call at 34.40 and pay 33.70 for the put, then you have sold the synthetic future at 1140.70. Here, you have the obligation to sell the future above 1140, and the ... Futures, synthetics and put–call parity 223 On the other hand, the holder of the long futures position forgoes the dividends payable for the next six weeks, and...

Ngày tải lên: 20/06/2014, 20:20

... more to be said about options in terms of theory and in terms of trading. The Financial Times Guide to Options, and its pre- cursor, Options Plain and Simple, are intended to be a practical guide ... trade them close to expiration in order to clear options off our books and to avoid pin risk. But then again, the arbs try to pay 19.75 for the above box,...

Ngày tải lên: 20/06/2014, 20:20

... Given the following May options on Marks and Spencer, determine the price of the synthetic futures contract and the prices of the missing options. Bear in mind that these are settlements and ... of the following statements true or false? (a) If the implied volatility increases, then the delta and theta of the January 47.50 put will also increase. (b) If the impl...

Ngày tải lên: 20/06/2014, 20:20

... for a specified time period. The put buyer has the right, but not the obligation, to sell the underlying. The put seller has the obligation to buy the underlying at the put buyer’s discretion. Put ... out-of -the- money call plus an out-of -the- money put, both either long or short. Strike price The price of the underlying that forms the basis of an options contra...

Ngày tải lên: 20/06/2014, 20:20

... training process for the investigator to achieve appropriate corporate objectives. In the corporate or private environment, cost is always a factor and the bottom line is the only goal. The corporate ... between private and public sec- tor investigations. In the public sector there is normally a formalized rank reporting structure, with the role of the investigator defin...

Ngày tải lên: 21/06/2014, 03:20

... impossible to return to a position that you abandoned to seek greener pastures. There are two ways to make the transition from a law enforcement career to being a private investigator. The eas- iest ... Develop the ability to relate to people from all different walks of life and be empathetic to their situations. It is far easier to get a person to consent to an...

Ngày tải lên: 21/06/2014, 03:20

... - vestigators certainly must know when to push, when to back off, when to listen, and when to ask questions, but to do so they must know how to relate to the person with whom they are attempting to ... INTERROGATIONS The lack of ability to get someone to talk to you about anything will doom you from the start. The ability to conduct successful interviews is par...

Ngày tải lên: 21/06/2014, 03:20

... If the website is not professional, they go no further. If the website is professional, they then call the agency. If nobody answers the phone, they move on to the next name on the list. Why? They ... carried them to the individuals and made sure there was enough for the attorney and all the staff. Another really super tool that I have used is to go to a local printe...

Ngày tải lên: 21/06/2014, 03:20

... Developing Multi- tenant applications for the clouD, 3rD eDition Developing Multi- tenant applications for the clouD thirD eDition For more information explore: msdn.microsoft.com/practices Software ... Requirements 9 The Tenant s Perspective 9 The Provider’s Perspective 10 Single Tenant vs. Multiple Tenant 11 Multi- Tenancy Architecture in Windows A...

Ngày tải lên: 20/10/2014, 14:06

... Studio, to write their applications. In addition, the Windows Azure SDK includes the Compute Emulator and the Storage Emulator. Developers can use these to write, test, and debug their applications ... applications locally before they deploy them to the cloud. There are also tools and an API to manage your Windows Azure accounts. This book shows you how to use all t...

Ngày tải lên: 20/10/2014, 14:29