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nash · 2024年06月25日

butterfly spread

  1. CFA III
  2. Derivative

* 问题详情，请 查看题干

NO.PZ202212300200004902

问题如下：

Explain why each of the following option strategies is less appropriate than a straddle, given Jacob’s beliefs:

i. bull spread

ii. short butterfly spread

iii. zero cost collar

选项：

解释：

Correct Answer:

i. A bull spread would lose money if the U.K. loses the bid and the share price falls sharply, and would make only limited profits (compared to a straddle) if the U.K. wins the bid and the share price appreciates sharply.

ii. A short butterfly spread would make only limited gains when the share price either increases or decreases beyond the breakeven points.

iii. A zero cost collar would lose a limited amount of money if the U.K. loses the bid, and would make only a limited profit (compared to a straddle) if the U.K. wins the bid.

老师好，请问讲义中有提到butterfly spread吗？

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1 个答案

pzqa31 · 2024年06月26日

嗨，从没放弃的小努力你好：


没有，因为考纲里现在没有这个策略了。

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努力的时光都是限量版，加油！

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