RSS    

   , ,

, ,

.

" "

|: | III |

| |, |

| |737. |

| | .. |

| : | |

| | |

_________

., 2003.

1

2

I . 3

1.1 4

4

5

1.2 put call 6

1.3 7

1.4 9

9

10

1.5 12

12

13

14

14

II 17

2.1 18

2.2 20

2.3 21

21

27

2.4 - 28

33

.

(OPTION) ,

,

. , ,

, . ,

, ,

.

, .

.

.

, , .

.

1.

˻ һ.

. ,

(.. Ȼ,

ʻ)

, . :

. ,

; -

.

1

- (call

option) . ()

.

, :

. , .

. .

. , (exercise price),

.

. , ,

(expiration date).

, W

.

100 a Wopov W $50

.

Wopov $45 . -

- Wopov

. W-

- :

$50.

W

? , . ,

. ,

Wopov $50. W

$50 . ,

$60, w $6000 ($60

100 ).

$5000 ($50 100 ). , W $1000 ($6000 -

$5000).

,

,

. (premium),

. , $3 . ,

$300 ($3 100 ) W,

.

Wopov, , Wopov

$45.

, ,

$3 .

2

- (put option).

. 4

:

. , ;

. ;

. , ( )

. , ,

.

, W

. 100

XYZ W $30

. XYZ $35 .

, , ,

. W,

, XYZ,

: $30 .

, Wopov,

W , ,

. , XYZ

$30. W $30

B, . , XYZ

$20, W $3000 ($30 100

) , $2000 ($20 100 ).

W $1000 ($3000 - $2000).

$1000 XYZ a. $2000 W

$3000.

2. put call

CALL. W

˻, W

.

. W

. WOPOV

$55, , , $7

[ $700 ($7 100 )]. S400

($300 - $700), $400. ,

$40, , , $0,50 .

W $250 ($300 -50), $250.

: 1, 2, 3, 4, 5



:

Twitter Facebook

                   

© 2010.