1. Nicole Seaman

    P1.T3.22.26. Trading strategies

    Learning outcomes: Explain the motivation to initiate a covered call or a protective put strategy. Describe principal protected notes (PPNs) and explain necessary conditions to create a PPN. Describe the use and calculate the payoffs of various spread strategies. Describe the use and explain the...
  2. Nicole Seaman

    YouTube T3-37: Simple option trading strategies: an option plus the underlying asset

    These are simple portfolios of two positions: an option + the underlying stock. 1) A protective put is long put + long stock and has a profit profile similar to a long call; 2) its counterparty is short put + short stock and has a profit profile similar to a short call. 3) a covered call is long...