A. a fiduciary call option strategy and a protective put option strategy for an underlying asset are equal in value
B. a put is equivalent to a long call, a long position in the underlying asset, and a long position in the risk-free asset
C. a call is equivalent to a long put, a long position in the underlying asset, and a short position in the risk-free asst
One of the mock exams confused me on this one.作者: btcapital 时间: 2011-7-11 19:52
B is the answer作者: Ionutzakis 时间: 2011-7-11 19:52
that's what i thought, thanks guys作者: manasib 时间: 2011-7-11 19:52
Quick question on this..so if when rearranging the put-call formula around..when the Call is on one side of the equation and on the other is =P+underlying asset-risk asset..we can assume that anything that has a minus sign before it is being shorted.
Just wanted to confirm...thanks for the help.作者: Londonrocks 时间: 2011-7-11 19:52
minus signs are shorting the position作者: cyber21 时间: 2011-7-11 19:52
