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A long butterfly option spread bets on little or no change in the underlying foreign currency price. Suppose each call option is for 1 CNY
A "long butterfly" option spread bets on little or no change in the underlying foreign currency price. Suppose each call option is for 1 CNY and has the same expiration date The spot rate is 1.11 HKD per 1 CNY Analyze the payoff structure of following option portfolio: Long 1 call option with strike price of 0.11 HKD Short 2 call options with strike price of 1.11 HKD Long 1 call option with a strike price of 2.11 HKD 6
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue
13th edition
1337099759, 978-1337516440, 1337516449, 978-1337099752
