• Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

Card Range To Study

through

image

Play button

image

Play button

image

Progress

1/7

Click to flip

Use LEFT and RIGHT arrow keys to navigate between flashcards;

Use UP and DOWN arrow keys to flip the card;

H to show hint;

A reads text to speech;

7 Cards in this Set

  • Front
  • Back
Long Call
Market Opinion: Bullish
BEP: K + C
Payout: Max(S-K,0)
Long Put
Market Opinion: Bearish
BEP: K - P
Payout: Max(K-S,0)
Married Put
Desc: Buy Puts and Stock
Market Opinion: Bullish
BEP: S + P
Payout: S + Max(K-S,0) = Max(K,S)
Desc: Buy Stock and Put
Collar
Market Opinion: Neutral
Payout: S + Max(K-S,0) - Max(S-K,0) = Max(K,S) - Max(S-K,0)
Desc: Holding Stock + Buying Put + Selling Call
Long Strangle
Desc: Buy Put and Call
Payout: Max(S-K,0) + Max(K-S,0)
Cost: P + C
Bull Call Spread
Desc: Buying Call @ K1, Selling Call @ K2, where K1 < K2
BEP: K1 + Net Debit Paid
Bear Put Spread
Desc: Buy Put @ K1, Sell Put @ K2, where K2<K1
BEP: K1 - Net Debit Paid