Nike is expecting a payment of Euro 10 mio in 6 months. The Forward is : $1.1000/Euro Nike Purchases a 6 month Euro Put/$ Call Struck at $1.1000/, for $.02605/ Euro If at Expiration, in 6 months, spot ends up at $1.000/Euro, then the option's ending value (including the premium) will be S[A], the underlying Euro 10mio will be worth $(B) and the total position will be $[C] 2- figure out the same for a call. 3- what do the hockey sticks looks like when we have a HEDGE and the UNDERLYING 4- what do they look like if its just a speculator buuying options or a forward? 5. If i give you a company's stock price and a few strikes for a call, what combination results in a call spread? 6- how can i create a collar? I hope these help Nike is expecting a payment of Euro 10 mio in 6 months. The Forward is : $1.1000/Euro Nike Purchases a 6 month Euro Put/$ Call Struck at $1.1000/, for $.02605/ Euro If at Expiration, in 6 months, spot ends up at $1.000/Euro, then the option's ending value (including the premium) will be S[A], the underlying Euro 10mio will be worth $(B) and the total position will be $[C] 2- figure out the same for a call. 3- what do the hockey sticks looks like when we have a HEDGE and the UNDERLYING 4- what do they look like if its just a speculator buuying options or a forward? 5. If i give you a company's stock price and a few strikes for a call, what combination results in a call spread? 6- how can i create a collar? I hope these help