... founded.The opening of the CBOE shifted the trading of options from a small over-the-counter backwater of the financial community to a huge and growingmarket and created a demand for greater information ... the greeks and how they affect the price of an option; probability dis-tributions and how they affect options; option pricing models and their vantages, disadvantages, and foibles and using them ... hedge ratio of 0.50 meansthat one half of the value of one option is needed to hedge the option Inthe case of a stock option, a hedge ratio of 0.50 would mean that 50 shares under-of the underlying
Ngày tải lên: 20/06/2014, 20:20
... and the out-of-the-money options are trading for $2 This means that you could have twice as many of the out-of-the-money options as you could of the at-the-money options This is... of ... covered call write. Let’s start with the idea of buying 100 shares and selling one contract of the Oct 115 calls. We would be receiving a premium of $2.50 and our greeks would be: Option Premium Imp ... both rises and falls and so you can estimate the reward from the expected rally and the risk if there is no rally Thus, for an excellent guide to the relative risk and reward of holding
Ngày tải lên: 20/06/2014, 20:20
Option Strategies Profit Making Techniques for Stock Index and Commodity Options 2nd Edition_6 potx
... calculate the probable payoff of various quantities of various strike prices and select the appropriate quantity of the appropriate strike price. Many investors buy out-of-the-money puts because ... bought an OEX 50 put and the price of the underlying index has dipped. You could sell the OEX 530 put, lock in your profit, and retain the possibility of a further profit of 20 points, the difference ... price and same expiration Convertible... stock index against a portfolio of stocks that mimic the OEX (The OEX is an index composed of 100 large NYSE stocks It is possible to mimic the index
Ngày tải lên: 20/06/2014, 20:20
Option Strategies Profit Making Techniques for Stock Index and Commodity Options 2nd Edition_9 doc
... have diversified the potential risks and rewards across out-of-a broout-of-ader out-of-arrout-of-ay of strike prices Another way to increase the chances of achieving your expected return is to ... strike prices A combination of in-the-money and the-money options might provide a better balance of profit potential andrisk protection There will be a greater chance of achieving the expectedresults ... number of options youare short pos-For example, you are short 100 contracts of the S&P 500 futures tract at 550 and short 200 contracts of the S&P 500 put options with a strike con-of 550 and
Ngày tải lên: 20/06/2014, 20:20
Option Strategies Profit Making Techniques for Stock Index and Commodity Options 2nd Edition_10 docx
... computations of break-evens and risks and rewards are necessary You know what your risk is, and, in fact, you might already have moved to above the point... strike price and one of the outer ... and the 75 strike last traded at 2 Construct your long butterfly by buying one of the 65 strikes for a debit of 61 /4 , selling 2 of the 70 strikes for a credit... medium-strike put, and ... between the low and medium strikes and between the medium and high strikes must be equal It should also be noted that the equivalent strategies are simply combinations of bull and bear spreads
Ngày tải lên: 20/06/2014, 20:20
mobilize investment capital for socioeconomic development of ethnic minorities and mountainous regions of vietnam from 2010 to 2020
... highest amount of investment capital for socio-economic development of theNorthen midland and mountainous areas and Central Highlands of Vietnam upto 2020 4 Object, scale and lcation of the study ... socio-economic depvelopment of the Northen midland and mountainous region and Central Highlands of Vietnam upto 2020 CHAPTER 1 THEORY AND THE FACT OF MOBILIZATION OF REGIONAL SOCIO- ECONOMIC ... supply and aggregate demand of economy, oneconomic growth, on economic structure movement, on science and technology, on social Trang 7improvement and on environment and impact of economic growth and
Ngày tải lên: 19/07/2014, 08:52
Báo cáo toán học: "The Central Exponent and Asymptotic Stability of Linear Differential Algebraic Equations of Index 1" pdf
... some properties of the central exponent of linear DAE of index 1 and of its corresponding ODE Theorem 2.2 Suppose that (2.1) is a linear DAE of index 1 and the matrices A(t), B(t), A −11 , P ... DAEs were obtained: asymptotical and exponential stability of DAEs which are of index 1 and 2 [6], Floquet theory of periodic DAEs, criteria for the trivial solution of DAEs with small nonlinearities ... on the choice of P , nor on the definition of a solution of (2.1) above, as solution of DAEs of index 1 Definition 2.1 A measurable bounded function R( · ) on R+is called C-function of system (2.1)
Ngày tải lên: 06/08/2014, 05:20
Báo cáo lâm nghiệp: "Effect of species composition, stand density and site index on the basal area increment of oak trees (Quercus sp.) in mixed stands with beech (Fagus sylvatica L.) in northern France" potx
... results of Deleuze et al. [8] and Dhôte [9, 13] on pure beech, oak, and Douglas fir stands to mixed-species stands of oak and beech. The aim of the study was to adapt one of the basic equations of ... model. (8) Growth of oaks in mixed stands with beech 461 The effects of stand density (Rdi o ak + beech), species com- position (mix b eech), stand age of oak (age o ak), and site index of oak (SI o ... pure oak stands. For oak, Fagacées describes the stand basal area increment as a function of dominant height, height increment of the dominant trees, and stand density. To allocate the stand basal
Ngày tải lên: 07/08/2014, 16:20
Báo cáo lâm nghiệp: "Intra- and interannual variations of transpiration, leaf area index and radial growth of a sessile oak stand (Quercus petraea)" doc
... analysis of the growth and health of forest stands needs a good description of crown condition and an accurate estimate of drought-induced stress on both a daily and annual basis Leaf area index ... of leaf area per unit ground area) was often found to be a powerful parameter for the analysis of stand structure A high LAI is an indication of high site fertility and optimal stand health and ... at regional scale and for coniferous stands (Grier and Running, 1977). In another way, transpiration integrates soil water availability and the atmospheric evaporative demand, and has a great
Ngày tải lên: 08/08/2014, 18:21
Báo cáo khoa học: "The GLAaS algorithm for portal dosimetry and quality assurance of RapidArc, an intensity modulated rotational therapy" pdf
... plans and for short partial arcs (of ~6 or 12 degrees) to assess GLAaS and RapidArc mutual relationships on global and fine delivery scales The gamma index concept of Low and the Modulation Index ... dosimetry and quality assurance of RapidArc, an intensity modulated rotational therapy Address: 1 Oncology Institute of Southern Switzerland, Medical Physics Unit, Bellinzona, Switzerland, 2 University ... sum of N segments or control points In the case of single static field or RapidArc, the key elements for GLAaS are the same: knowledge of the MLC shape and of the dose progress at any instant of
Ngày tải lên: 09/08/2014, 09:22
Báo cáo khoa học: " Intensity modulated radiotherapy (IMRT) in the treatment of children and Adolescents - a single institution''''s experience and a review of the literature" pps
... concern and often impairs the quality of life. Special focus here is xerostomia caused by a fibrotic atrophy of the parotid glands. Consecutive dental damage, dysphagia, problems of speach and taste ... the possibilities of helical tomotherapy (as one solution of IMRT) to cover a target volume of this size avoiding the problems of field junctions and the resulting dangers of under or overdosage ... sparing of organs at risk and achieving local control. In selected cases the quality of IMRT plans increases the therapeutic ratio and outweighs the risk of potentially increased rates of secondary
Ngày tải lên: 09/08/2014, 10:20
Báo cáo y học: "Entropy and bispectral index for assessment of sedation, analgesia and the effects of unpleasant stimuli in critically ill patients: an observational study" potx
... of response entropy and BIS-Index after sedation bolus Time courses of response entropy and BIS-Index after sedation bolus Black lines and red lines indicate stimulus (endotracheal suction) and ... identification of the exact time of the event Sedative and analgesic drugs were given in accordance with a standard protocol, using sedation goals (RSS score [23]) and regular assessment of sedation and ... surgery with and without continued sedation Br J Anaesth 1998, 80:834-836. Figure 4 Time course of RE and BIS-Index during endotracheal suctioning episodes Time course of RE and BIS-Index during
Ngày tải lên: 13/08/2014, 11:22
Báo cáo y học: " A mechanistic model of infection: why duration and intensity of contacts should be included in models of disease spread" ppt
... influence of contact intensity. Figure 3 reveals how contact duration and contact intensity are interrelated, thereby allowing an interpretation of how the consideration of the contact intensity ... values (assuming no relation between intensity and duration of contacts) from the num- bers of observations for each possible combination of dura- tion and intensity. Hence, a positive value means ... general formulation of an exponential relation between exposure and the risk of infection, we extrapolate the actual exposure from infor- mation about the duration and intensity of a contact between
Ngày tải lên: 13/08/2014, 16:20
Studies on the morphology and melocular characteristics of small intestinal trematodes in human in some provinces and effective treatment in community (2010 2013)
... components of ITS2 and 18S genes of H pumilio and H taichui of Vietnam and Thailand. 1.5 Diagnosis of small trematode infections Diagnosis of small fluke infections was based on the detection ofparasite ... method and comparative analysis of nucleotide sequences of ITS2 and 18S sequences, H pumilio and H taichui of Vietnam and Thailand are at the similarity rate of 99%, respectively The Thai author, ... SUBJECTS AND METHODS 2.1 Subjects, study sites and time of the study 2.1.1.Subjects of the study 2.1.1.1 Study on morphology and molecular biology of small intestinal trematode adults Subjects of this
Ngày tải lên: 29/10/2014, 22:15
rivero - the myth of development; non-viable economies and the crisis of civilization, 2nd ed. (2010)
... high living standard and freedom One of the clearest characteristics of the quasi nation-states of Latin America, Asia and Africa is the lack of connection between the offi cial world and the vast ... sovereignty Trang 178 | Onein the hands of the ‘nation’, a new, abstract concept born of French rationalism The Declaration of the Rights of Man and of the Citi-zen, of 1789, proclaimed that no individual ... form of shortages of water, food and energy and rises in their price as a result of the explosive growth of the poor urban population of the underdeveloped countries In this new edition of The
Ngày tải lên: 03/11/2014, 13:35
stiglitz - freefall; america, free markets, and the sinking of the world economy (2010)
... Uy, and Patrick Honohan (now governor of the Central Bank of Ireland) I am indebted to Michael Greenberger, now professor of law at the University of Maryland and director of the Division of Trading ... the Ken Lays (the CEO of Enron) and Bernie Ebbers (the CEO of WorldCom) of the early years of the decade, we nowadd Bernie Madoff and a host of others (such as Allen Stanford and Raj Rajaratnam) ... aggregate demand—the sum total of thegoods and services demanded by households, firms, government, and foreigners—would have been weak, partly because of the growing inequality in theUnited States and
Ngày tải lên: 03/11/2014, 15:42
Tài liệu Central Bank Announcements of Asset Purchases and the Impact on Global Financial and Commodity Markets docx
... 11/4/2009, 12/16/2009, 1/27 /2010, 3/16 /2010, 4/28 /2010, 6/23 /2010, 12/14 /2010 22 Frankel (1986, 2010) points out a powerful link between real interest rates and real commodity prices in a Dornbusch-style ... BOE are demeaned and scaled to have a standard deviation of 3.3 Financial Variables and Commodity Prices In our analysis, we use daily data on interest rates, exchange rates, and commodity prices ... beginning of 2004 The prices of energy and industrial metals rose considerable between the mid-2000s and the failure of Lehmann Brothers in September 2008, at which point commodity prices collapsed Commodity...
Ngày tải lên: 17/02/2014, 03:20
The Distribution and Reproductive Success of the Western Snowy Plover along the Oregon Coast - 2010 potx
... of Snowy Plovers on the Oregon coast during the breeding season of 2010 by determining the number of uniquely color-banded adult Snowy Plovers observed, and added our estimate of the number of ... number of plovers present but not confirmed nesting during the breeding season We determined the number of individual banded female and male plovers and the number of individual unbanded female and ... (79%) A minimum of 70 banded females and 18 unbanded females nested and 84 banded males and unbanded males nested An additional 24 banded females and 17 banded males were present during the breeding...
Ngày tải lên: 14/03/2014, 14:20
Bureau of the Public Debt’s Fiscal Years 2010 and 2009 Schedules of Federal Debt pot
... as of September 30, 2010, and $7,552 billion as of September 30, 2009, of debt held by the public and (2) $4,528 billion as of September 30, 2010, and $4,346 billion as of September 30, 2009, of ... outstanding as of September 30, 2010 and 2009 Nonmarketable securities are issued with a term of on demand out to 40 years As of September 30, 2010 and 2009, nonmarketable securities consisted of ... Commissioner of the Bureau of the Public Debt, the Inspector General of the Department of the Treasury, the Acting Director of the Of ce of Management and Budget, and other agency of cials In...
Ngày tải lên: 15/03/2014, 23:20
Governance and the Success of U.S. Community Banks, 1790-2010: Mutual Savings Banks, Local Commercial Banks, and the Merchants (National) Bank of New Bedford, Massachusetts doc
... Governance and U.S Community Banks, 1790 -2010 32 and professional men of the city” and had high praise for the institution’s president, Edmund H Leland, and its cashier, James H Coffin.174 The ... to Minutes of the Board of Directors of the Farmers Bank of Virginia, 1820-1827, Virginia Historical Society, Richmond, Va 97 Minutes of the Board of Directors of the Farmers Bank of Virginia, ... Subject of the Currency and Public Deposites (Salem, Mass., 1834), 19 53 A Citizen of New York, Remarks on that Part of the Speech of His Excellency the Governor to the Legislature of the State of...
Ngày tải lên: 29/03/2014, 08:20