In finance, a put or put option is a stock market device which gives the owner the right, but not the obligation, to sell an asset, at a specified price, by a predetermined date to a given party. The purchase of a put option is interpreted as a negative sentiment about the future value of the underlying stock. The term "put" comes from the fact that the owner has the right to "put up for sale" the stock or index.
In financial mathematics, put–call parity defines a relationship between the price of a European call option and European put option, both with the identical strike price and expiry, namely that a portfolio of a long call option and a short put option is equivalent to a single forward contract at this strike price and expiry. This is because if the price at expiry is above the strike price, the call will be exercised, while if it is below, the put will be exercised, and thus in either case one unit of the asset will be purchased for the strike price, exactly as in a forward contract.
In finance, the strike price of an option is the fixed price at which the owner of the option can buy, or sell, the underlying security or commodity. The strike price may be set by reference to the spot price of the underlying security or commodity on the day an option is taken out, or it may be fixed at a discount or at a premium.
In mathematical finance, the Greeks are the quantities representing the sensitivity of the price of derivatives such as options to a change in underlying parameters on which the value of an instrument or portfolio of financial instruments is dependent. The name is used because the most common of these sensitivities are denoted by Greek letters. Collectively these have also been called the risk sensitivities, risk measures or hedge parameters.
In finance, moneyness is the relative position of the current price of an underlying asset with respect to the strike price of a derivative, most commonly a call option or a put option. Moneyness is firstly a three-fold classification: if the derivative would have positive intrinsic value if it were to expire today, it is said to be in the money; if it would be worthless if expiring at the current price it is said to be out of the money, and if the current price and strike price are equal, it is said to be at the money. There are two slightly different definitions, according to whether one uses the current price (spot) or future price (forward), specified as "at the money spot" or "at the money forward", etc.
SPOT is a commercial high-resolution optical imaging Earth observation satellite system operating from space. It is run by Spot Image, based in Toulouse, France. It was initiated by the CNES in the 1970s and was developed in association with the SSTC and the Swedish National Space Board (SNSB). It has been designed to improve the knowledge and management of the Earth by exploring the Earth's resources, detecting and forecasting phenomena involving climatology and oceanography, and monitoring human activities and natural phenomena. The SPOT system includes a series of satellites and ground control resources for satellite control and programming, image production, and distribution. Earlier satellites were launched using the European Space Agency's Ariane 2, 3, and 4 rockets, while SPOT 6 and SPOT 7 were launched by the Indian PSLV.
In finance, a foreign exchange option is a derivative financial instrument that gives the right but not the obligation to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date. See Foreign exchange derivative.
The Alatna River is a federally designated wild and scenic river partially contained within the boundaries of Gates of the Arctic National Park, Alaska. It is called one of the most beautiful rivers in the United States. The Alatna River stems from the central Brooks Range flowing through the Endicott Mountains, passing Circle Lake, the Arrigetch Peaks and Takahula Lake before entering the Helpmejack Hills. The last section of the river continues to flow in a SSE direction through the Alatna Hills into its confluence with the Koyukuk River near the small village of Allakaket. The first 25 miles (40 km) of the Alatna are shallow and rocky, followed by 15 miles (24 km) of a continued shallow area with more rapids. The river then mellows out near Takahula and Circle Lake becoming deeper and more meandering while the scenery turns from mountain peaks into hilly boreal forest. According to The Alaska River Guide, this river is 184 miles (296 km) long from the headwaters to Allakaket and 137 miles (220 km) from Circle Lake to Allakaket.
In finance, risk reversal can refer to a measure of the volatility skew or to an investment strategy.
The 1955 NFL season was the 36th regular season of the National Football League. NBC paid $100,000 to replace DuMont as the national television network for the NFL Championship Game. The season ended when the Cleveland Browns defeated the Los Angeles Rams 38–14 in the title game.
In finance, a foreign exchange swap, forex swap, or FX swap is a simultaneous purchase and sale of identical amounts of one currency for another with two different value dates and may use foreign exchange derivatives. An FX swap allows sums of a certain currency to be used to fund charges designated in another currency without acquiring foreign exchange risk. It permits companies that have funds in different currencies to manage them efficiently.
In finance, a price (premium) is paid or received for purchasing or selling options. This article discusses the calculation of this premium in general. But for further detail, see Mathematical finance #Derivatives pricing: the Q world for discussion of the mathematics, and Financial modeling #Quantitative finance for the implementation.
The 1991 NCAA Division I-A football season was the main college football season sanctioned by the National Collegiate Athletic Association (NCAA). The season began on August 28, 1991, and ended on January 1, 1992. For the second consecutive season, there was a split national championship. Both the Miami Hurricanes and the Washington Huskies finished the season undefeated (12–0) and with the top ranking in a nationally recognized poll.
In finance, a butterfly is a limited risk, non-directional options strategy that is designed to have a high probability of earning a limited profit when the future volatility of the underlying asset is expected to be lower or higher than the implied volatility when long or short respectively.
The 2005–06 Serie A was the 104th season of top-tier Italian football, the 74th in a round-robin tournament. The league commenced on 28 August 2005 and finished on 14 May 2006. While Juventus were originally the first-placed team, this title was put sub judice due to their involvement in the Calciopoli scandal, with Internazionale instead declared champions by the Italian Football Federation (FIGC) on 26 July 2006.
The iron condor is an option trading strategy utilizing two vertical spreads – a put spread and a call spread with the same expiration and four different strikes. A long iron condor is essentially selling both sides of the underlying instrument by simultaneously shorting the same number of calls and puts, then covering each position with the purchase of further out of the money call(s) and put(s) respectively. The converse produces a short iron condor.
In finance, an option is a contract which gives the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price prior to or on a specified date, depending on the form of the option. The strike price may be set by reference to the spot price of the underlying security or commodity on the day an option is taken out, or it may be fixed at a discount or at a premium. The seller has the corresponding obligation to fulfill the transaction – to sell or buy – if the buyer (owner) "exercises" the option. An option that conveys to the owner the right to buy at a specific price is referred to as a call; an option that conveys the right of the owner to sell at a specific price is referred to as a put. Both are commonly traded, but the call option is more frequently discussed.
Fence is an investment strategy that uses options to limit the range of possible returns on a financial instrument.
Germany competed at the 2016 Summer Paralympics in Rio de Janeiro, Brazil, from 7 September to 18 September 2016. The first places the team qualified were for four athletes in sailing events. They also qualified athletes in archery, cycling, equestrian, paracanoeing, paratriathlon, rowing and wheelchair basketball.
