15 7 techniques for making more creative group decisions

... through the next dividend before makingthis assumption) plus an interest premium on the short option premium of $0.175 ($7 option premium times 10 percent divided by 4), for a total Trang 2The Basics ... 35income of $2.675 Expenses will be the cost of carrying the margin position of $0.75 ($25 borrowed times 12 percent broker loan rate divided by 4).Thus, the net income will be $2.675− $0.75, or $1.925, ... accurate, they provide more thanenough accuracy for nearly all option trading styles The inability to ac-count for the last tick in the price of an option is essentially irrelevant fornearly all traders

Ngày tải lên: 20/06/2014, 20:20

... option into the Black-Scholes formula (or whatever model is being used) and solving for volatil-ity Usually, the value for volatility is plugged in and the formula is solvedfor the value of the option ... important for traders who are not pecting to hold their position to expiration, and it is absolutely critical fortraders considering theoretical edge or trading volatility (see Chapter 4 for ex-information ... option is subject to many more pressures before expiration, andthe profit and loss are nonlinear The current and future prices of an optionare functions of several nonlinear forces ex-The trader of

Ngày tải lên: 22/06/2014, 12:20

... select The reasons forthis are that the delta will be higher for a higher strike price than for alower strike and that the premium is higher, thus affording greater profitpotential A more defensive ... outlook Will the price drop morethan the time decay? If so, then roll forward If not, hang on to the currentposition and sell the next expiration option Furthermore, rolling forwardwill increase the ... little time left before ex-piration Time decay is limited in the first days after an option is listed Astime progresses, the time decay accelerates, making selling options moreattractive the

Ngày tải lên: 22/06/2014, 12:20

... 17.7 shows these results Assume thatthe trade was initiated with the following prices: TABLE 17.7 Long Butterfly Results and Bull Call Spread Results Trang 3c17 JWBK147-Smith May 8, 2008 10:17 ... respectively Amore bearish tactic would be to lower the strike prices even further TABLE 17.6 Long Butterfly Results and Roll Down Results Trang 2c17 JWBK147-Smith May 8, 2008 10:17 Char Count=If ... 121/2, 10, and 81/4, respectively A more bullish tactic is to raise the strike prices evenfurther Trang 4c17 JWBK147-Smith May 8, 2008 10:17 Char Count=TABLE 17.9 Long Butterfly Results and Roll

Ngày tải lên: 22/06/2014, 12:20

... 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60FIGURE 21.2 Short Straddle 2 1 0 Price of Underlying Instrument 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 FIGURE ... simply a straddle with different strike prices (See Figures 21.3 and 21.4for examples of option charts for strangles.) For example, a long straddlewould be long the $50 call and long a $50 put ... puts or sell more puts If you were able to initiate the ratio put spread at a credit, then you can hold the position You have no up-side risk in a ratio put spread if initiated for a credit As

Ngày tải lên: 22/06/2014, 12:20

... temperature variations 370mV 320mV 370mV 320mV Figure 5.17 Measured waveform showing the minimum energy tracking loop in operation (© [2007] IEEE) Trang 9C Embedded DC–DC Converter for Minimum Energy ... using divide-by-3 switching 50 55 60 65 70 75 80 85 90 95 Load Voltage (V) Measured - divby3 switching Measured - normal switching Theoretical 50 55 60 65 70 75 80 85 90 95 Load Voltage (V) Measured ... given a performance constraint, the same circuits are not always constrained to their performance-intensive mode during regular operation There are long spans of time when the perform-ance requirement

Ngày tải lên: 06/08/2014, 01:21

... S. Naffziger (eds.), Adaptive Techniques for Dynamic Processor Optimization, DOI: 10.1007/978-0-387-76472-6_12, © Springer Science+Business Media, LLC 2008 274 Eric Fetzer, Jason Stinson, ... (example) 1.000 1 925 0 1.0 07 1 929 1 1.015 193 37 1. 023 19 375 1.030... using the logic model for the processor, and the logic values at the pads are captured for each bus clock cycle ... emission waveforms for clock drivers (© IEEE 20 05) While these methods of verifying the behaviors of active de-skew are appropriate for small numbers of parts, they are not feasible for volume

Ngày tải lên: 06/08/2014, 01:21

... withcomplex derivation formulas, involving several source data items, functional Trang 2transformations such as sums, averages or even complex statisticalfunctions, and many more This information is of ... Net Invoice Price for the Sale before calculating the Net Profit For a data warehouse modeler, it is essential to capture the fundamental calculations that are part of the information analysis ... that is performed In addition to evaluating the key derivation formulas and how they impact thedimensional model, building a prototype for the dimensional model is a verywelcome aid for this part

Ngày tải lên: 14/08/2014, 06:22

... useful for a particular application This chapter introduced some technical measures for cluster fitness, but the most important measure for clustering is how useful the clusters turn out to be for ... 6.1 years; the other group has an average of 3.7 years If, on average, a cus­ tomer is worth, say, $100 per year, then the premium customers are worth $610 – $370 = $240 more than the regular ... in the proportions for 1 month and 2 months Hence, a retention curve always starts at 100 percent For now, let’s assume that all customers start at the same time Figure 12.1, for instance, compares

Ngày tải lên: 14/08/2014, 11:21

... 307 – Techniques for Engineering Decisions Course Overview George Gross Department of Electrical and Computer Engineering University of Illinois at Urbana-Champaign Trang 2‰ The course covers techniques ... (k$) action Trang 27DECISION ANALYSIS PROTOTYPE EXAMPLE ‰ Sometimes it is possible to undertake further work before a decision is taken; for example, an available option before making a decision ... different routes for this simple case  select the best for each successive stage: myopic decision making solution leads to the path with costs of 13OPTIMAL TRAJECTORY PLANNING Trang 15 use some

Ngày tải lên: 12/03/2018, 21:55

... each other 80 72,7 It was obvious that almost all the students ( more than 70%) found that pair work andgroup work were so beneficial for their speaking skill that they can speak more in English,they ... students, etc For all the above mentioned reasons, I have decided to carry out a research work in: “Techniques for organizing communicative activities in pair work and group work for the students ... language more andincrease students’ talking time in the class Trang 5- Definition of group workDoff (1988: 137) also defines group work as a process that “the teacher divides the class into small groups

Ngày tải lên: 08/07/2019, 15:04

... The Creative Training Idea Book Inspired Tips and Techniques for Engaging and Effective Learning This Page Intentionally Left Blank The Creative Training Idea Book Inspired Tips and Techniques for ... FL 3 271 8-04 87 EMAIL: blucas@presentationresources.net (4 07) 695-5535 www.presentationresources.net Happy Training! Bob Lucas The Creative Training Idea Book Inspired Tips and Techniques for Engaging ... much more fulfilling and FUN! That’s where The Creative Training Idea Book can help By providing a comprehensive resource of research on learning, creative tips, techniques, and sources for obtaining...

Ngày tải lên: 24/01/2014, 00:20

... 101 Creative Problem Solving Techniques I intend to produce a meta-index of the techniques found in the creativity books in my personal library Write to me for more information Last updated: 7th ... Information Service 6 17. 2 87. 6000 [application forms (PDF files)] Graduate Bulletin entry for CCT [click & hold for Word file, print out at 77 %] Publicity Brochure [click & hold for Word file; Please ... cct@umb.edu, 6 17. 2 87. 6520, Wheatley Hall, Second Floor, Room 1 57 University of Massachusetts Boston, 100 Morrissey Boulevard, Boston, MA 02125 -3393 Faculty advisor, Dr Peter Taylor, 6 17. 2 87. 7636 Search...

Ngày tải lên: 07/04/2014, 03:37

... Techniques 175 11 Research Methods 195 12 Ethical Considerations 221 Appendix Applications of Creative Nonfiction 2 37 selected bibliography 275 author–title Index 280 general index 2 87 1 e Creative ... some of the key techniques for writing good, compelling, creative nonfiction creative nonfiction / e Openings: Dramatic and Summary Methods This book will discuss techniques for telling a story, ... descriptive techniques: informative description and suggestive description (shortened here to informative and descriptive) 22 / writing creative nonfiction Informative and Suggestive Description Informative...

Ngày tải lên: 09/05/2014, 13:09

... 175 Removing the Background 176 Adding a Drop Shadow . 177 Replacing the Background 177 Adding Text 178 Further Exploration 178 4.5 Shiny Emblem 179 Getting ... Sketch 76 Adding the Finishing Touches 77 Further Exploration 77 2.3 Antiquing with Sepia Tones 78 Getting Started .78 Increasing the Middle Grays 79 Adding ... 114 Tips for Photographic Effects 115 Autolevel Option 115 Sharp Scans 115 Selections, Selections, Selections 115 Add More Contrast 115 Soft Light and...

Ngày tải lên: 30/05/2014, 00:13

... 3.2.1  Quantization Filters 48 51 53 55 56 56 59 59 59 60 63 65 68 69 70 71 72 76 76 77 78 79 79 83 84 86 89 89 91 92 94 95 96 97 97 98 99 101 101 101 102 Contents 3.2.2  Swing Quantization 3.2.3  ... Exercises vii 1 07 108 110 114 114 118 118 119 121 121 124 128 129 132 132 136 1 37 140 141 142 144 145 146 149 149 149 149 150 152 1 57 162 162 163 172 176 176 177 180 180 182 185 1 87 viii Contents ... CU, and PT 7. 3.2  Adding a “Two-Beep” 7. 4 Using Markers 7. 4.1  Beat-Based Markers 7. 4.2  Time-Code-Based Markers 7. 5 Bouncing to Movie 7. 6 Stem Creation 7. 7 Summary 7. 8 Exercises ix 2 37 238 238...

Ngày tải lên: 30/05/2014, 23:58

... Strike price 165 170 175 180 185 190 195 May call price 19 15 11 77 /8 47 /8 31 /8 Intrinsic value Time value 173 /4 123 /4 73 /4 23 /4 0 11 /4 21 /4 31 /4 55 /8 47 /8 31 /8 c03 JWBK1 47- Smith April ... SP100 Apr 570 p Sales Open Int High Low Price Net Chg N.Y Close 2434 172 4 2232 77 21 5449 10406 25 875 1.0625 125 25 375 125 3125 4 375 −.0625 −.8125 −.8125 633.55 633.55 633.55 The rows are for the ... columns are for calls and puts and the various expirations With few exceptions, the units of price are the same as the UI For example, because each option is for 100 shares, a price of 4. 375 for an...

Ngày tải lên: 20/06/2014, 20:20

... 105 call Option Oct 115 C Oct 105 C Net Position Premium Imp Vol Delta Gamma Theta Vega −2.50 11.20 8 ,70 0 22.39 31 .75 −. 57 94 37 −. 074 8 016 −.0588 078 9 −.0452 03 37 −.0919 0 279 −.0640 In this case, ... gave us more bang for the buck: Option Oct 115 C Oct 105 C Net Position Premium Imp Vol Delta Gamma Theta −3.50 11.40 −$80 27. 33 31. 67 −.61 98 37 −.05 97 006 −.0591 0922 −.021 0901 Vega −.09 07 0081 ... one Option Oct 115 C IBM Net Position and Profit/Loss Premium Imp Vol Delta Gamma Theta −3.50 18,141 +18.10 27. 33 −.61 1. 57 96 Vega −.05 97 0922 −.09 07 −.05 97 0922 −.09 07 The Oct 115 C is just barely...

Ngày tải lên: 20/06/2014, 20:20

... costs for margin trades will be more than for cash trades The carrying cost for a cash transaction will only be the opportunity cost Carrying costs for trades on margin include the financing for ... divided by the initial investment The formula is: Return = (Profit or loss) ÷ initial investment For example, if you buy an IBM put option for and sell it for 71 /2 , for a profit of 21 /2 , your return ... want to pay a higher price for a farther month just to have more time for the trade to work The extra time premium might be a cheap price to pay for several more months for the trade to work The...

Ngày tải lên: 20/06/2014, 20:20

... results +8 +3 −2 7 7 7 7 −1 07 /8 − 57 /8 7 /8 +41 /8 +7 +91 /8 +91 /8 − 27 /8 − 27 /8 − 27 /8 − 27 /8 +21 /8 +21 /8 77 /8 77 /8 77 /8 77 /8 77 /8 77 /8 − 27 /8 630 635 640 645 6 477 /8 650 655 ... −103 /4 −103 /4 77 /8 −53 /4 −3 /4 +77 /8 +77 /8 +77 /8 +77 /8 + 27 /8 − 27 /8 − 27 /8 +21 /8 +21 /8 c15 JWBK1 47- Smith May 8, 2008 10:13 Bull Spreads Char Count= 1 87 the two strike prices minus the ... at 77 /8 Table 15. 2 shows that TABLE 15. 1 Bull Put Spread Results Profit/Loss MMI price 630 635 640 645 6 477 /8 650 655 645 put 650 put Net profit/loss +8 +3 −2 7 7 7 7 −1 07 /8 − 57 /8 7 /8...

Ngày tải lên: 20/06/2014, 20:20