标题: Payoff of Box Spread [打印本页] 作者: yuoska 时间: 2011-7-11 15:23 标题: Payoff of Box Spread
How do you get the answer if CFAI asks this Question again?
1) pull it from memory
2) calculate it from 4 max()
3) use graph
4) ...
I want to reserve the memory for GIPS.作者: infinitybenzo 时间: 2011-7-11 15:23
these derivative calculations are so intuitive. why would you have to memorize any of it?作者: wake2000 时间: 2011-7-11 15:23
deriv108 Wrote:
-------------------------------------------------------
> How do you get the answer if CFAI asks this
> Question again?
>
> 1) pull it from memory
> 2) calculate it from 4 max()
> 3) use graph
> 4) ...
>
> I want to reserve the memory for GIPS.
buy more RAM you can get a 4G cheap off Newegg for 120作者: lcai 时间: 2011-7-11 15:23
lets not forget latency, which is arguably more important than speed above 1333 mhz.作者: bboo 时间: 2011-7-11 15:23
jeez u guys must get laid a lot................作者: Zestt 时间: 2011-7-11 15:23
Payoff to the box spread is just the risk free rate. Sure hope the questions might be that simple. Am I missing something?作者: strikethree 时间: 2011-7-11 15:23
Only when your girl is in town.... tell her hello for me.作者: mik82 时间: 2011-7-11 15:23
markCFAIL Wrote:
-------------------------------------------------------
> Only when your girl is in town.... tell her hello
> for me.
can i watch? plz i promise i wont make much noise作者: cityboy 时间: 2011-7-11 15:24
gjertsen Wrote:
-------------------------------------------------------
> Payoff to the box spread is just the risk free
> rate. Sure hope the questions might be that
> simple. Am I missing something?
Only if the markets are efficient. You'll make a return above the risk free rate if one of the components is mispriced.作者: Unforseen 时间: 2011-7-11 15:24
Why is it risk free rate?作者: bodhisattva 时间: 2011-7-11 15:24
Becuase excessive (arbitrary) profit can be made if market prices of the Put/Call are fair.
Am I right ?作者: former 时间: 2011-7-11 15:24
I think the payoff of the box spread = Xh-Xl.
RFR is a return.作者: Darien 时间: 2011-7-11 15:24
deriv108 Wrote:
-------------------------------------------------------
> I think the payoff of the box spread = Xh-Xl.
> RFR is a return.
