Call Option 首先单独考虑Call option本身,在到期时刻T,期权的价值(Value)为,Max(ST−X,0),X为行权价格,ST为到期时刻T的股票价格。当ST>X的时候,Call option为实值期权(in the money),其价值为ST−X;当ST≤X时,期权为平值期权或虚值期权(at or out of the money),其价值为零。所以Max函数就可以用...
10. A European call option allows the buyer to A) sell the underlying asset at the exercise price on the expiration date. B) buy the underlying asset at the exercise price on or before the expiration date. C) sell the option in the open market prior to expiration. D) buy the underlyin...
B.value of the underlying minus the exercise price. C.exercise price minus the value of the underlying.相关知识点: 试题来源: 解析 B B is correct. The value of a European call option at expiration is the greater of zero or the value of the underlying minus the exercise price.【释义】此...
The option holder can exercise his right on the option when the option is“in-the-money.”This means that the market value of the stock is above the strike price before the expiration date. Alternatively, the option holder can’t exercise his right when the market value of the stock is b...
A lower exercise price means there are more potential outcomes at which the call expires in-the-money. The option value will be greater the lower the exercise price. For a higher exercise price, the opposite is true. Both the time to expiration and the volatility of the underlying are ...
At expiration, the value of the stock is $23.00. The net profit/loss of the call position is closest to:A. $4.50.B. -$4.50.C. -$5.00. 正确答案:B 分享到: 答案解析: The option is in-the-money by $0.50 ($23.00 – $22.50). The investor paid $5.00 for the call option, thus...
Expiry Date of call and put option defintions and examples for the beginner option trader as written by an experienced option trader.
Covered Call就是在看涨期权基础上构建的一种期权策略，即持有股票+卖出看涨期权的策略。这里鹿可制作了...
In the options world, intrinsic and extrinsic value represent the total value (aka price or premium) of an option. The intrinsic value of an in-the-money (ITM) option at expiration is the difference between the strike price and stock price. For expiring out-of-the-money (OTM) options,...
The call option has a zero exercise value if the spot price is below the exercise price. The exercise value of a European call option is,where is the current spot price at time t and X is the exercise price.【释义】距离到期时间越长,一般而言,时间价值越高,期权的价值越高。 反馈 收藏 ...