波動度資訊投資人委託單選擇之研究 :以台指選擇權為例

• A call gives its holder the right to buy a number of the underlying asset by paying a strike price.. • A put gives its holder the right to sell a number of the underlying asset

• A put gives its holder the right to sell a number of the underlying asset for the strike price.. • An embedded option has to be traded along with the

• It works as if the call writer delivered a futures contract to the option holder and paid the holder the prevailing futures price minus the strike price.. • It works as if the

• The XYZ.com bonds are equivalent to a default-free zero-coupon bond with $X par value plus n written European puts on Merck at a strike price of $30. – By the

• The XYZ.com bonds are equivalent to a default-free zero-coupon bond with $X par value plus n written European puts on Merck at a strike price of $30. – By the

• The XYZ.com bonds are equivalent to a default-free zero-coupon bond with $X par value plus n written European puts on Merck at a strike price of $30.. – By the

Television companies sell time in their commercial slots to people and companies who want to advertise their products.. If a program is really popular, it will be more expensive to

 If I buy a call option from you, I am paying you a certain amount of money in return for the right to force you to sell me a share of the stock, if I want it, at the strike price,