'Portfolio insurance' presentation slideshows

644 views • 50 slides

Stock Index Options

Stock Index Options. Chapter 9. Stock Index Option. Options on stock indices: S&P 500, S&P 100, and MMI. Features: Cash Settlement: when you exercise, the assigned writer pays you the difference between the closing (spot) index (S) and the exercise price; Call: S-X; Put: X-S.

921 views • 45 slides

Tactical Asset Allocation and Sector Rotation

Tactical Asset Allocation and Sector Rotation. Nantucket Asset Management, L.L.C. Thomas P. Dunn, CFA . Disclaimer.

893 views • 43 slides

CHAPTER 16

CHAPTER 16. Option Valuation. 16.1 OPTION VALUATION: INTRODUCTION. Option Values. Intrinsic value - profit that could be made if the option was immediately exercised Call: stock price - exercise price Put: exercise price - stock price

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Chapter Fourteen

The Greek Letters. 14. Chapter Fourteen. This chapter covers the way in which traders working for financial institutions and market makers on the floor of an exchange hedge a portfolio of derivatives.

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The Greek Letters

The Greek Letters. ILLUSTRATION. The financial institution has sold for $300,000 a European call option on 100,000 shares of a non-dividend-paying stock. S 0 = 49, K = 50, r = 5%, ?= 20%, T = 20 weeks (0.3846 years), ?=13% The Black-Scholes price of the option is about $240,000.

669 views • 32 slides

Georgia Department of Community Affairs _______________________________

Georgia Department of Community Affairs _______________________________. Greater Dalton Chamber of Commerce and Dalton-Whitfield County Joint Development Authority August 23, 2012. History & Background of State Small Business Credit Initiative (SSBCI) . Component of Small Business Jobs Act,

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MGT 821/ECON 873 Greek Letters for Options

MGT 821/ECON 873 Greek Letters for Options. Example. A bank has sold for $300,000 a European call option on 100,000 shares of a non-dividend paying stock S 0 = 49, K = 50, r = 5%, s = 20%, T = 20 weeks, m = 13% The Black-Scholes value of the option is $240,000

448 views • 29 slides

Portfolio Management

Portfolio Management. Grenoble Ecole de Management MSc Finance 2010. Learning Objectives. Mastering the principles of the portfolio management process: Balanced portfolio. Balanced portfolio.

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A new bond-age? a presentation by Darren Ruane Senior Bond Strategist

A new bond-age? a presentation by Darren Ruane Senior Bond Strategist. Objective of the presentation. Review the UK government bond market Examine the investment merits of inflation-linked bonds Should investors retain overweight positions in corporate bonds?.

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Investment Objective

Investment Objective. Investment objectives are defined in two dimensions: Risk and Return Portfolio managers maximize return for risk undertaken Stability of principal Income Growth of Income Capital Appreciation. Investment Constraints. Wealth Holding period Liquidity Regulations

735 views • 11 slides