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2022-02-11 07:15老師：解釋這個題。謝謝！Pierre-Louis Robert just purchased a call option on shares of the Michelin Group. A few days ago he wrote a put option on Michelin shares. The call and put options have the same exercise price, expiration date, and number of shares underlying. Considering both positions, Robert’s exposure to the risk of the stock of the Michelin Group is: long. short. neutral. Solution Solution A is correct. Robert’s exposure to the risk of the stock of the Michelin Group is long. The exposure as a result of the long call position is long. The exposure as a result of the short put position is also long. Therefore, the combined exposure is long.
所屬：CFA Level I > Equity 視頻位置 相關試題
來源： 視頻位置 相關試題
1個回答
Stefanie助教
2022-02-11 10:12
該回答已被題主采納
同學你好，
不知道你是否已經(jīng)學過了衍生這門課，如果學過的話做這題更方便。
如圖，long call和short put最后組成的圖是一條向右上方傾斜的直線，這條直線的圖就是long position的圖。
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