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33 Cards in this Set
- Front
- Back
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Max gain of a Long Call |
Unlimited |
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Max loss of a Long call |
Premium Paid |
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Max gain of short call |
Premium |
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Max loss of a short call |
Unlimited |
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Max gain of a Long put |
Strike Price - Premium |
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Max loss of a long put |
Premium |
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Max gain of a short put |
Premium paid |
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Max Loss of a short put |
Strike price - Premium |
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Breakeven for calls |
Strike Price + Premium |
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Brakeven for puts |
Strike price - Premium |
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Intrinsic value of Calls |
Market Price - SP (think call up) |
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Intrnisic value of puts |
Strike price - Market Price (think put down) |
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Brake even for long a stock and long a put |
Stock Price + Premium |
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Max loss for Long a Stock and long a put |
(stock price - strike price) + Premium |
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BE for long a stock and short a call |
Stock price - Premium |
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Max gain for Long a stock, short a call |
(SP - stock price) + Premium |
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Max loss for Long a stock, short a call |
Stock Price - Premium |
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BE for Short a stock and short a put |
Stock Price + Premium |
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Max gain for short a stock and short a put |
(Stock price - Strike price) + Premium |
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Max loss for short a stock short a put |
Unlimited |
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BE for short a stock, Long a call |
Stock price - Premium |
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Max gain for short a stock long a call |
stock price - premium |
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Max loss for short a stock, long a call |
(Strike Price - Stock Price ) + Premium |
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Debits = |
Widen = Exercise |
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Credits = |
Narrow = Expire |
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Max gain for a credit spread |
Initial net credit |
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Max loss for a credit spread |
Difference in strike prices - the next credit |
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Max gain for a debit spread |
Difference in strike prices - the net debit |
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Max loss for a debit spread |
Initial debit amount |
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For a call spread, what is the break even? |
Net premium + lower strike price (think CAL or call add the net premiumn to the lower strike price) |
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For a put spread, what is the break even |
net premium - the higher strike price (Think PSH or for puts , subtract net premium from the higher strike price) |
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Call straddle breakevens |
SP + both premiums |
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Put straddle breakevens |
SP - both premiums |
