Thursday, August 20, 2015

Derivatives - VIII

1) Futures contracts create obligations, not rights.

2) Only the option buyer gets rights.

3) Options seller is also known as writer.

4) Futures price = Cash price + carry charges

5) Cash price minus Futures price = Basis.

6) Maximum possible profit to the option seller = Premium

7) Neither intrinsic value nor time value can be negative.

8) Beta is a measure of systematic risk.

9) Longer the time to expiry, more will be the time value.

10) Short Futures = Long Put + Short call.

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