Post on 01-Jan-2016
description
= = = +
Underlying
1,000
1
1,000
1,000
2
200
3
3,000
4
50
.
.
12
vs.
= *
CFO00650L1
CFA00650L1
CFO00650X1
CFA00650X1
CFO00700L1
CFA00700L1
CFO00700X1
CFA00700X1
CFO00750L1
CFA00750L1
CFO00750X1
CFA00750X1
CFO00650A2
CFA00650A2
CFO00650M2
CFA00650M2
CFO00700A2
CFA00700A2
CFO00700M2
CFA00700M2
CFO00750A2
CFA00750A2
CFO00750M2
CFA00750M2
2%2%5%80%120%
MAX0-*1000*MAX0-*1000*
2003000AAO$3000724.17%2%120%
(AAOAAAAAO)AAA 1200+$3000AAO 1000
2005010%ABO(ABOABAABO)ABA(63)1200+$1300(65)1200+$1500ABO 1000
1:0.4 ACOADO(ACOADAACO)ADA400ACOADO
22-I-61/2$500AEO (AEOAEAAEO)AEA 500+$500AEO 1000
= Max0 - = Max0 - = OPM / OPMSX
72200300057.570Max072*1000-70*1000 = Max072-70*1000 = 2,000Max057.5*1200+3000-70*1000 = Max072000-70000 = 2,000
72200300057.570 OPM72*100070*1000= OPM7270*1000 OPM57.5*1200+300070*1000=OPM7200070000
O50
1$58.0
Sheet1
AAO
12369
70
65
60
55
50
48
46
44
Sheet2
Sheet3
2$1$212/3112/2612/23AAOAAA12/23AAO$47.5
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAA
12369
70
65
60
55
50
48
46
44
Sheet3
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAAAAO
1236912369
70
6555
6050
5548
5046
4844
46
44
Sheet3
3AAA$47.5$39.8AAO
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAA
12369
70
65
60
55
50
48
46
44
Sheet3
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAAAAO
1236912369
70
6555
6050
5548
5046
4844
4642
4440
38
36
Sheet3
4AAO1AAAAAO
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAA
23469
70
65
60
55
50
48
46
44
Sheet3
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAAAAO
1236923469
70
6555
6050
5548
5046
4844
4642
4440
38
36
Sheet3
5AAA3
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAA
456912
70
65
60
55
50
48
46
44
Sheet3
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAAAAO
12369456912
7060
6555
6050
5548
5046
4844
4642
4440
38
36
Sheet3
1$58.0
Sheet1
AAO
121236
70
65
60
55
50
48
46
44
Sheet2
Sheet3
2$1$212/2412/2012/1812/1812
312/18
AAO121000
AAOAAA1200+$100
AAO1236100047.5
412/18
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAA
1236
70
65
60
55
50
48
46
44
Sheet3
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAAAAO
123691236
70
6555
6050
5548
5046
4844
46
44
Sheet3
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAO
12
70
65
60
55
50
48
46
44
Sheet3
512/19129
AAO12
AAA
AAO912/1912/1950.5
612/1912/1950.5
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAA
1236
70
65
60
55
50
48
46
44
Sheet3
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAAAAO
1236912369
7060
6555
6050
5548
5046
4844
46
44
Sheet3
Sheet1
12369
70
65
60
55
50
48
46
44
Sheet2
AAO
12
70
65
60
55
50
48
46
44
Sheet3
2003000AAOAAA 1200+$3000AAO 1000
AAO3000900022500 3,600,00010,800,00027,000,000AAA1200AAO1000AAAAAO
2003000AAO 51.555.047.9
AAA 1200+$3000CallPut = [(55*1200+3000)-(51.5*1200+3000)] / 1000 = 4.2CallPut = [(51.5*1200+3000)-(47.9*1200+3000)] / 1000 = 4.32