The following profit/loss diagram is for what type of position()
A: Long put.
B: Long stock, long put (portfolio insurance).
C: Long stock, short call (covered call).
A: Long put.
B: Long stock, long put (portfolio insurance).
C: Long stock, short call (covered call).
举一反三
- Which of the following can be used to create a long position in a European put option on a stock? A: Buy a call option on the stock and buy the stock B: Buy a call on the stock and short the stock C: Sell a call option on the stock and buy the stock D: Sell a call option on the stock and sell the stock
- A forward rate agreement is equivalent to the following interest rate options: A: long a call and a put. B: long a call and short a put. C: short a call and long a put.
- A portfolio of stock E and options on stock E is currently delta neutral, but has a positive gamma. Which of the following actions will make the portfolio with both delta and gamma neutral?( ) A: Buy call options on stock E and sell stock E B: Sell put options on stock E and sell stock E C: Buy put options on stock E and buy stock E D: Sell call options on stock E and sell stock E
- the Europeans knew what compass was, the Chinese had put it into practical use. A: Before long B: Long since C: Long ago D: Long before
- What do we call the very long noses of the elephant