The Company converted all of its three-way collars and deferred premium put spreads
into new swap contracts with fixed swap prices that received a premium to prevailing swap price levels at the time to reflect the value of the monetized put spreads
embedded in the converted non-swap structures.
put options and remain long out of the money put spreads
for November expiration.
If selling downside options, the Bank would much rather enter a conservative strategy such as selling EURCHF put spreads
, rather than selling plain vanilla options.
So I revert to the Stone Age, making money the old fashioned way in FX, loan trading, cash bondolas, range accrual swaps, global index put spreads
and put selling, volatility arbitrage.
The box spread is a combination of call and put spreads
that matches two pairs of call and put options.
As of June 30, 2014, the Company had the following crude oil swaps, collars, and put spreads
covering anticipated future production:
We were also long out of the money puts and sold a lower strike price against current long put positions resulting in now holding put spreads
For instance, if an investor was bullish, they might look to sell out of the money put spreads
Six strategies: covered calls, naked puts, bull put spreads
, bull call spreads, bear call spreads and bear put spreads
The $89 million of 2012 premiums for the previous WTI put spreads
has been reduced to approximately $3 million due to the Brent three-way collars with the $100 per barrel floor price.
The Fund will generally write call spreads and put spreads
that are "out of the money," meaning that the exercise price of call options sold generally will be above the current level of the index when written and the exercise price of put options sold generally will be below the current level of the index when written.
com/edge ) and 89 executed trades; -- Ninety percent of eligible users logged into the system; and, -- The majority of volume (nearly 90%) represented trades that were multi- legged, complex spread strategies, including straddles, vertical call spreads, vertical put spreads
, call butterflies (3 legs), call condors (4 legs), call "Christmas" trees (3 legs) and call 1x2's ratio spreads.