Titlebook: An Option Greeks Primer; Building Intuition w Jawwad Ahmed Farid Book 2015 The Editor(s) (if applicable) and The Author(s) 2015 derivatives

大洪水

Ingenuity

雜色

Calculating Cash P&L for a Put OptionOur cash P&L model for a European put option is a mirror image of our cash P&L for a European call option model. The difference arises from how we hedge a put versus how we hedge a call.

青少年

Vega, Volga and VannaVega is the change in the value of the option with respect to a change in volatility.

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擔(dān)心

agitate

Introduction: Contexty. Unlike a forward or future contract, an option gives us the right to walk away if the market price is not in our favour. If we do decide to walk away, our loss is limited to the upfront premium we paid when we purchased the option.

隼鷹

Cpap155

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