exam4terms - collar, straddle, strangle, butterfly spread,...

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Terms for the Fourth Exam forward, option, swap, diversifiable risk, ask/bid prices, short sale, expiry, spot price, payoff (inherent value), profit, long position, short position, cash settlement, call option, put option, strike price, option writer, premium, European-style option, exercise price, margin, cover, put-call parity, bull spread, bear spread, box spread,
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Unformatted text preview: collar, straddle, strangle, butterfly spread, what is the purpose of the Black-Scholes formula, zero-cost collar, pay later strategy, forward contract, tailed position, synthetic forward, cash and carry, cost of carry, futures contract, margin, margin call, zero-coupon bond yield, zero-coupon bond price, one-year implied forward rate, par coupon rate...
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