问题如下:
A trader thinks that the price of a stock currently priced at USD 70 will increase. The trader is trying to choose between buying 100 shares and buying European call options on 1,000 shares. The options cost USD 7 per option and have a strike price of USD 70 with a maturity of six months.
What is the breakeven stock price for which the two strategies give the same result? (Ignore the impact of discounting.)
选项:
解释:
We require
100(ST - 70) = 1,000(ST - 70) - 7,000
or
900ST = 70,000
The breakeven stock price is therefore 70,000/900 or 77.78.
buying European call options on 1,000 shares 是指买1000份call option,那如果 要表达 “买入标的物是1000shares股票的option” ,英文应该怎么表达 呢?