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Hi - I was not able to find any forum posts for FRM Part 1, Valuation and Risk Model - Operational Risk. I have two questions - 1. For Standardized approach, we have two versions in texts, one that was effective from 2020 and other from 2022. Although we sometimes need to know older...

Hi @David Harper CFA FRM - I am studying the first options chapter - option market basics and going through the various option types. Per my understanding, a short call can have unlimited loss and limited profit while if we long put, we will have limited losses plus more profits. Could you...