Exam (elaborations)
SOA Exam IFM Concepts |24 Questions and Answers Solved Correctly
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Bull Spread - Call - Long Call (K1) + Short Call (K2), K1<K2 Bull Spread - Put - Long Put (K1) + Short Put (K2), K1 < K2 Bear Spread - Call - Short Call (K1) + Long Call (K2), K1<K2 Bear Spread - Put - Short Put (K1) + Long Put (K2), K1<K2 Box Spread - Long call (put) bull spread + ...
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