题目 American put option values increase as a result of increases in which of the following factors? I Volatility II Dividends III Stock Price IV Time to expiration 选项 A.I, II, and IV only B.I, [...]
题目 Long a call on a stock and short a call on the same stock with a higher strike price and same maturity is called: 选项 A.A bull spread B.A bear spread C.A calendar spread D.A butterfly [...]
题目 A 1-year forward contract on a stock with a forward price of USD 100 is available for USD 1.50. The table below lists the prices of some barrier option on the same stock with a maturity of 1 [...]
题目 An investor sells a June 2008 call of ABC Limited with a strike price of USD 45 for USD 3 and buys a June 2008 call of ABC Limited with a strike price of USD 40 for USD 5. What is the name of [...]
题目 Assume an investor enters into a volatility swap as the receive-realized and pay-fixed volatility. The investor’s position is most similar to which trading strategy: 选项 A.Covered call [...]
题目 According to put-call parity, which one of the choices below is equivalent to writing a put? 选项 A.Buying a call, buying stock, and lending. B.Writing a call, buying stock, and lending. [...]
题目 According to put-call parity, which of the following is equivalent to buying a put option on a stock? 选项 A.Buying a call option, selling the stock, and investing the proceeds at the [...]
题目 The risk-free rate is 3.0% per annum while the current price of a non-dividend-paying stock is $56.00. An underwater (OTM) European put option on the stock has a strike price of $42.00 and [...]
题目 SCU stock is currently priced at $106 per share, and the risk-free interest rate is 3.25%. Assuming that SCU does not pay any dividends, what is the lower bound of an American put option on [...]
题目 A six-month put option with a strike price of $14.00 has a price (option premium) of $2.00 when the underlying stock price is $18.00. If a trader employs a protective put strategy (i.e., with [...]
