ChiGe
2025-02-04 00:39第三題請(qǐng)問,根據(jù)“Silva informs Terry about the fund’s equity investment in MAX Corporation (MAXC)”, 這里不應(yīng)該已經(jīng)有l(wèi)ong equity了嗎?為什么解答里說沒有equity holding?
所屬:CFA Level III > Derivatives and Currency Management 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個(gè)回答
Simon助教
2025-02-05 10:24
該回答已被題主采納
同學(xué),上午好。
首先, she paid a premium of 0.95 for a JUL 23 call when the underlying MAXC stock was selling at 22.00,買了一個(gè)call,行權(quán)價(jià)23,
然后,MAXC would rise to around 25 from its current position of 23.75 and will likely stabilize around its new level.股價(jià)最多上漲到25,所以可以short call(X=25)。
這個(gè)long 23 call,short 25 call的策略是bull spread,這個(gè)option策略里,不含原始的股票頭寸。
