Derivative questions remember, question, general, cannot, option

busprof

For option questions, the answers are intuitive and I cannot remember the formula. Do we still need to remember the formula so that we can get partial points if asked in PM? In general are derivatives AM or PM question?

segalm

i think there was an am question in a mock to do with hedging strats with options. So id say both am and pm. But you’re unlikely to have to price any options in my opinion