Evaluate an equity mutual fund position with at least 10,000 shares that is to be sold or valued at a future date and hedged with a floor and short-range forward positions.

a. Use the SECF screen to find the fund: SECF ; select "Funds" from the "Category" dropdown and then click the "Open End" tab and select Equity from the "Focus" dropdown. You may want to limit your search to US funds that are dollar-denominated and with a broad-based or narrow-based fund objective.

b. Upload the fund's menu screen and evaluate its features (include its beta) using PORT ("Characteristics" and "Summary" tabs) or HRA.

c. Bring up the OSA screen for the loaded fund and select a position (e.g., 10,000 shares). Evaluate the position at different dates (Click "Scenario Chart" tab).

d. From the red "Positions" tab on OSA, click "Add Listed Options" and then type in the ticker for the S\&P 500 (SPX) or S\&P 500 futures (SPA), or another selected equity spot or futures index with options, in the upper-right amber area box.

e. Select the call and put options on the futures needed to evaluate the insurance and short-range forward contracts. Use the price-sensitivity model to determine the number of options.

f. On the OSA screen, set the number of long puts needed to ensure the portfolio and the number of short calls for the short-range forward contract.

g. Click "Scenario Chart" tab and input setting: profit/loss, market value, range (-20\% to 20\%), and evaluation dates.

Using the OSA screen, evaluate a call-enhanced strategy. On the OSA screen, input a number of long call contracts to enhance the fund's value if the market increases.