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Unformatted text preview: 9 K 1 K 3 Profit S T K 2 Options, Futures, and Other Derivatives 7 th Edition, Copyright John C. Hull 2008 10 Profit S T K Options, Futures, and Other Derivatives 7 th Edition, Copyright John C. Hull 2008 11 Profit K S T Profit K S T Strip Strap Options, Futures, and Other Derivatives 7 th Edition, Copyright John C. Hull 2008 12 K 1 K 2 Profit S T Options, Futures, and Other Derivatives 7 th Edition, Copyright John C. Hull 2008 13 Profit S T K Options, Futures, and Other Derivatives 7 th Edition, Copyright John C. Hull 2008 14 Profit S T K A combination of a bull call spread and a bear put spread. If all options are European a box spread is worth the present value of the difference between the strike prices. If they are American this is not necessarily so. (See Business Snapshot 10.1). Options, Futures, and Other Derivatives 7 th Edition, Copyright John C. Hull 2008 15...
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 Spring '12
 D.S.G.Pollock

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