Put And Call Flashcards
1
Q
Put short
A
PT = -max (x - St, 0)
= min (St - X, 0)
2
Q
Put Long
A
PT = Max (X - St, 0)
= St _< X. : X - St
= St > X. : 0
3
Q
Call Long
A
PT =max{ST −X,0}
= ST ≤ X : 0
= ST >X: ST −X
4
Q
Call Short
A
PT =−max{ST −X,0}
= min{X−ST,0}
