Exam (elaborations)
ACTUARIAL SCIENCE DERIVATIVES QUESTIONS AND VERIFIED ANSWERS|100% CORRECT|GRADE A+
- Course
- Institution
ACTUARIAL SCIENCE DERIVATIVES QUESTIONS AND VERIFIED ANSWERS|100% CORRECT|GRADE A+
[Show more]
Seller
Follow
Content preview
ACTUARIAL SCIENCE DERIVATIVESQUESTIONS AND VERIFIED
ANSWERS|100% CORRECT|GRADE A+
Long forward description - ANSWER agree to buy an asset in future at set price
short forward description - ANSWER agree to sell an asset in future at set price
buy a call description - ANSWER buy the right to buy an asset at a fixed price
write a call description - ANSWER obliged to possibly sell asset at fixed price
negative slope - ANSWER you are bearish
positive slope - ANSWER you are bullish
buy a put description - ANSWER buy the right to sell an asset at a fixed price
write a put description - ANSWER obliged to possibly buy asset at fixed price
(derivative and outlook) long forward - ANSWER long, bullish
(derivative and outlook) short forward - ANSWER short, bearish
(derivative and outlook) buy a call - ANSWER long, bullish
(derivative and outlook) write a call - ANSWER short, bearish
(derivative and outlook) buy a put - ANSWER long, bearish
, (derivative and outlook) write a put - ANSWER short, bullish
call bull spread - ANSWER buy call (k1) and sell a call (k2)
put bull spread - ANSWER buy a put (k1) and sell a put (k2)
call bear spread - ANSWER sell a call (k1) and buy a call (k2)
put bear spread - ANSWER sell a put (k1) and buy a put (k2)
call ratio spread - ANSWER buy m calls at (k1) and sell n call at (k2)
put ratio spread - ANSWER sell m puts at (k1) and buy n puts with (k2)
floor - ANSWER long asset, long put
cap - ANSWER short asset, long call
bear spread - ANSWER sell low and buy high
bull spread - ANSWER buy low and sell high
covered call - ANSWER long asset, short call
covered put - ANSWER short asset, short put
synthetic long forward - ANSWER short put, long call
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller sellervt. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now