- UID
- 222293
- 帖子
- 680
- 主题
- 67
- 注册时间
- 2011-7-2
- 最后登录
- 2016-4-19
|
Thanks. I'll keep the discussion relevant to the exam.
Options is asymmetric -- naked call is much risker than buying call. The financial risks are Market, Credit and Liquidity risks. That's my basic thinking.
The call writer bears no Credit Risk, I have no problem with it. What does the largest risk a call option writer take? |
|