nonstandard-products

Learning objectives: Describe the various types and uses of options, define moneyness. Explain the payoff function and calculate the profit and loss from an options position. Explain the specification of exchange-traded stock option contracts, including that of nonstandard products. Questions...

Learning objectives: Describe the types, position variations, and typical underlying assets of options. Explain the specification of exchange-traded stock option contracts, including that of nonstandard products. Describe how trading, commissions, margin requirements, and exercise typically work...