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| | Replicating Portfolio for a Call |
 | | As the underlying asset price rises, gradually buy more of the underlying asset, financing this by increased borrowing (to provide the upside payoff similar to the underlying asset and to keep the portfolio self-financing). | | | Subsequently, as the underlying asset price rises, since the call we are replicating becomes even more sensitive in dollar terms to further changes in the underlying asset price, we need to increase the exposure of the replicating portfolio to the asset. | | | As the underlying asset price falls, gradually sell off the underlying asset, using the proceeds to repay the borrowing (to provide the downside floor characteristic of a call to keep the portfolio self-financing). |
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http://www.in-the-money.com/presentation/sld059.htm
(530 words)
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| | What are convertible arbitrage, Ladder Options, Quanto Option, Private Placements? |
| | The underlying asset the Note is linked to, such as an equity index, stock basket, or fund and hence which forms an integral part of the growth formula. | | | A benefit of a private placement issue is that the asset may not be required to be authorised in a particular jurisdiction. | | | The intrinsic value at maturity is calculated according to the percentage difference between the performance of one underlying compared to another for an option on spread of performance or according to the absolute spread between the two securities. |
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http://www.protectedsolutions.com/glossary.jsp
(2545 words)
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| | TD Canada Trust - Invetsment Options - Welcome to the TD Waterhouse Options Guide |
| | Limited Risk: If the price of the underlying security falls instead of rises, a call holder's maximum loss will be limited to the premium he or she paid for the option, plus any transaction or commission costs. | | | Underlying interest is the security on which the option is written. | | | Leverage: For call holders, you can benefit from an increase in the market value of the underlying security over the lifetime of the option at a cost which is far less than the cost of buying the stock outright. |
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http://www.tdcanadatrust.com/planning/investing/mkop.jsp
(6970 words)
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| | Converted WP file 25436 |
| | Once the underlying claim has been resolved, the issues of liability and damages have become settled and it is possible to view the statutory claim in light of the final result of the underlying action. | | | To permit a direct action against the insurance company before the underlying claim is ultimately resolved may result in duplicitous litigation since the issue of liability and damages as they relate to the statutory settlement duty are still unresolved in the underlying claim. | | | Moreover, our decision in Madden to permit a statutory bad faith action to be joined in the same proceeding as the underlying tort action made clear that, when such claims were joined, bifurcation of the two actions is required to prevent the jury from being wrongfully influenced by the availability of insurance coverage. |
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http://www.state.wv.us/wvsca/DOCS/Spring99/25436.htm
(2625 words)
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| | About Futures Trading in India |
| | As a percentage of the underlying value, premiums of index options are usually lower than those of equity options as equity options are more volatile than the Index. | | | Prices of options are however, affected by prices of the underlying asset, time remaining for expiry of the contract and volatility of the underlying asset. | | | Underlying - The specific security / asset on which an options contract is based. |
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http://www.tradersedgeindia.com/faqsFO.htm
(5334 words)
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| | Stock Option Trading Glossary |
| | A measure of the volatility of the underlying stock, it is determined by using option prices currently existing in the market at the time rather than using historical data on the price changes of the underlying stock. | | | The process by which the terms of an option contract are fulfilled through the payment or receipt in dollars of the amount by which the option is in-the-money as opposed to delivering or receiving the underlying stock. | | | A credit transaction is one in which the net sale proceeds are larger than the net buy proceeds (cost), thereby bringing money into the account. |
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http://www.stock-option-trading.com/glossary.html
(2969 words)
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| | underlying and Stock Trading at TradeStars + Stock Trading |
| | The underlying relationship, of course is not as simple SEC Chairman Arthur Levitt testified that, I am concerned that some stock traders dont fully understand the underlying level of risk they are assuming. | | | market is any arena in which underlying buyers and sellers meet in order to try and exchange their requirements. | | | underlying involves aggressive trading, and generally you will pay underlying commissions on each trade. |
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http://www.tradestars.com/content/underlying.asp
(197 words)
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| | PIMCO Funds: No-Action Letter / July 9, 2002 |
| | The Underlying Fund would calculate its net asset value based on the U.S. dollar, which would be designated as its "functional currency" for U.S. tax purposes. | | | The Underlying Fund would be an existing or newly created Series of the Trust that would calculate its net asset value based on the U.S. dollar, which would be its designated "functional currency" for U.S. tax purposes. | | | In addition to investing in the Underlying Fund, the Investing Fund would enter into certain foreign currency and foreign currency-related contracts, which may include foreign currency futures contracts, options on foreign currency futures contracts, forward foreign currency contracts, options on foreign currency, and foreign currency swap agreements ("Foreign Currency Contracts"). |
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http://www.sec.gov/divisions/investment/noaction/pimco070902.htm
(4058 words)
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| | underlying debt and Stock Trading at TradeStars + Stock Trading |
| | The general rise in markets seems to be a reflection of the increase underlying debt in human economic activity, and over the last financial losses in a very short period of time. | | | If you are a stock trader, or are thinking about underlying a U.S. Senate underlying debt subcommittee, former SEC Chairman Arthur Levitt testified that, I am concerned that some stock traders dont fully understand the underlying debt level of risk they are assuming. | | | To trade a market for underlying debt markets always rising over time, the answer is a guarded yes. |
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http://www.tradestars.com/content/underlying-debt.asp
(121 words)
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| | Strategies&Tactics Glossary |
| | In general, a measure of the uncertainty of the amount by which the price of the underlying instrument is expected to fluctuate in a given period of time. | | | Underlying instruments include stocks, stock indices, foreign currencies, debt and money market instruments, mortgage-backed securities, commodities, and futures contracts. | | | Volatility, as described, is calculated from both historic prices for the underlying instrument, as well as the implied volatility resulting from a theoretical option pricing model given all normal input variables (except volatility) plus the premium amount. |
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http://www.strategies-tactics.com/glossary.htm
(2543 words)
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| | Derivatives Concepts A-Z |
| | Credit risk is the risk of loss from a counterparty in default or from a pejorative change in the credit status of a counterparty that causes the value of their obligations to decrease. | | | If this individual sells a call on a notional amount of the underlying that he has in his inventory, then the written call is said to be "covered" (by his inventory of the underlying). | | | An option whose payout at expiry is determined by the difference between its strike and a calculated average market rate where the period, frequency and source of observation for the calculation of the average market rate are specified at the inception of the contract. |
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http://www.finpipe.com/derivglossary.htm
(3535 words)
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| | Modalities of Future & Option : EDepositoryIndia.com |
| | Quantum of Cash payment is the difference between a determined value of the underlying stock at the time of exercise of the option and the fixed exercise price of the option. | | | Where as when the buyer of the option receives a previlage to sell the underlying stocks, the option is referred as put option. | | | At the money - When the underlying price is equivalent to the strike price, the option is termed as at the money. |
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http://www.edepositoryindia.com/index3a.html
(2211 words)
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| | Extending the Black Scholes formula |
| | When the underlying pays dividends, the pricing formula is adjusted, because the dividend changes the value of the underlying. | | | For options on other financial instruments than stocks, we have to allow for the fact that the underlying may have payouts during the life of the option. | | | When the underlying asset has payouts, it may also pay to exercise the option early. |
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http://finance.bi.no/~bernt/gcc_prog/recipes/recipes/node9.html
(726 words)
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| | underlying - OneLook Dictionary Search |
| | Phrases that include underlying: underlying security, underlying asset, underlying debt, underlying futures contract, underlying instrument, more... | | | Words similar to underlying: fundamental, inherent, rudimentary, underlie, implicit in, subjacent, more... | | | Underlying : AMEX Dictionary of Financial Risk Management [home, info] |
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http://www.onelook.com/?w=underlying
(226 words)
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| | Using LEAPs As A Surrogate for Owning the Underlying |
| | Covered call writing involves owning the underlying - which may be stock or futures contracts - and selling the call options against that underlying position. | | | The LEAP ties up just $1,070 (minus the premium received), which is considerably less than the $3,572 (minus the premium received) in the traditional covered call write. | | | Covered call writing is typically done if the investor maintains a neutral to bullish outlook and plans to hold the underlying long-term. |
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http://www.investopedia.com/articles/optioninvestor/04/021104.asp
(2053 words)
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| | :: Quantnotes.com :: Fundamentals :: |
| | Assuming the volatility and risk-free interest rate of the underlying is constant for now, Taylor series expansion of the change in the portfolio value δΠ with the underlying share price and time demonstrates the roles played by various Greek letters: | | | Through understanding and managing these Greeks, market makers, traders, financial institutions and portfolio managers can manage their risks appropriately, whether they deal in OTC or exchange-traded options. | | | value of option is highly sensitive to the underlying share price. |
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http://www.quantnotes.com/fundamentals/options/thegreeks-gamma.htm
(654 words)
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| | Microsoft Security Bulletin MS03-007 |
| | WebDAV is not supported in Windows NT 4.0 and therefore could not be used as an attack vector, and both Windows NT 4.0 and Windows XP do not install IIS by default. | | | Subsequent to this bulletin first being issued, Microsoft updated the bulletin to provide a fix for the underlying vulnerability in Windows NT 4.0. | | | Microsoft issued a patch to protect Windows 2000 customers shortly afterwards, but also continued to investigate the underlying vulnerability. |
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http://www.microsoft.com/technet/security/bulletin/MS03-007.mspx
(3348 words)
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| | Addressing Deforestation Now a Matter of Political Will |
| | underlying causes both at the national and international level. | | | measures to address the underlying causes of deforestation and forest | | | What follows is the synthesis report prepared as background document for |
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http://www.forests.org/archive/general/wrm19.htm
(4172 words)
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| | Participatory Simulations |
| | Learning to probe this microworld to get at those underlying rules is a difficult and challenging task. | | | In a couple of places, the students’ activity slows markedly as they talk about how they should talk about the underlying rules. | | | 4) Provides a setting in which students can begin to construct a vocabulary to describe the underlying rules. |
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http://llk.media.mit.edu/papers/archive/colella-MS/index.html
(13834 words)
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| | cheap Underlying security oh yeah baby! |
| | Read approximately cheap underlying security in the totally free on-line encyclopedia and dictionary. | | | Find cheap underlying security and more at Lycos Search. | | | At eBay you can find practically anything, even cheap underlying security. |
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http://www.groovyshopping.com/cheap-Underlying-security.htm
(96 words)
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| | underlying - Definition of underlying by Webster's Online Dictionary |
| | Implicit; not immediately obvious; requiring careful scrutiny to discover; as, the underlying sarcasm in her seemingly innocuous remark. | | | underlying - Definition of underlying by Webster's Online Dictionary | | | underlying - being or involving basic facts or principles; "the fundamental laws of the universe"; "a fundamental incompatibility between them"; "these rudimentary truths"; "underlying principles" |
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http://www.webster-dictionary.org/definition/underlying
(92 words)
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| | Gamerz Planet Forum!! - View Profile: The_Underlying |
| | If you have any problems with the registration process or your account login, please contact contact support. | | | The_Underlying is not a member of any public groups |
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http://www.gamerzplanet.net/forums/member.php?u=25068
(140 words)
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| | Concepts Underlying the New Age Cultural Shift |
| | Concepts Underlying The New Age Culture Shift - From A Christian Perspective | | | These are among the multitudes of concepts that are important in the development of a New Age culture shift. |
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http://www.conspiracyarchive.com/NewAge/new_age_beliefs.htm
(3271 words)
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| | Derivative Instrument |
| | path dependence A property of certain exotic options whose terminal value depends upon the path taken by the underlier during the life of the option. | | | notional amount The quantity of an underlier to which a derivative instrument applies. | | | The value(s) from which a derivative derives its value is called its underlier(s) |
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http://www.riskglossary.com/articles/derivative_instrument.htm
(528 words)
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| | Method (Java 2 Platform SE v1.4.2) |
| | If the number of formal parameters required by the underlying method is 0, the supplied | | | If the method completes normally, the value it returns is returned to the caller of invoke; if the value has a primitive type, it is first appropriately wrapped in an object. | | | - the object the underlying method is invoked from |
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http://java.sun.com/j2se/1.4.2/docs/api/java/lang/reflect/Method.html
(776 words)
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| | Journalism.org - Reports & Surveys - Framing the News - Underlying Message |
| | Even though a number of stories defaulted out of underlying message because the variable is a work in progress, a sizable number of storiesroughly four-in-tenwere still identified as having an underlying message. | | | The long list of underlying messages is organized into eight broad categories. | | | In addition to the elements of frame and trigger, the study sought to examine a third component: whether there are certain underlying cultural messages, broad beliefs or even folkloric morals implicit in the news. |
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http://www.journalism.org/resources/research/reports/framing/message.asp
(493 words)
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| | Van Morrison Underlying Depression Printable Guitar Tab |
| | You may only use this file for private study, scholarship, or research. | | | Artist: Van Morrison Song : Underlying Depression Type : Guitar Tab Printed From The Tabworld.Com - Internet's largest tablature & lyrics archive http://www.thetabworld.com ### Downloaded: 24/04/2003 5:15 - PDT #----------------------------------PLEASE NOTE----------------------------------# # This file is the author's own work and represents their interpretation of the # # song. |
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http://www.thetabworld.com/Van_Morrison__Underlying_Depression_guitar_tab_printable.html
(60 words)
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| | TAP: Web Feature: Underlying Strengths. by Robert B. Reich. October 19, 2001. |
| | We won't get out of the recession until consumers and businesses feel confident enough about the future to start spending again. | | | The good news is that the economic fundamentals--that is, the underlying structures of the American economy--are very strong. | | | The American economy is almost certainly in recession right now, and a lot of people are scared not only about terrorism, but also about their economic futures. |
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http://www.prospect.org/webfeatures/2001/10/reich-r-10-19.html
(528 words)
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| | Vet Advice Line |
| | Therefore, you may find that the problem does not clear up as you expect or it recurs. | | | If so, you are dealing with an underlying predisposition to illness, and these clues to underlying ill health will help you select a remedy and monitor the results. | | | Most health problems are the result of an underlying energy imbalance, made worse from poor diet and vaccination. |
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http://www.vetadviceline.com/imbalance.htm
(282 words)
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| | Financial Glossary |
| | Syn: underlying asset Instrument on which an option or futures contract is based. | | | By using this service, you agree not to make copies of the data other than retrieving isolated | | | Please select the letter the desired term starts with |
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http://tradition.axone.ch/ViewTerm.cfm?TID=777
(107 words)
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| | underlying |
| | Definition: Implicit; not immediately obvious; requiring careful scrutiny to discover; as, the underlying sarcasm in her seemingly innocuous remark.. | | | Definition: Fundamental; basic; as, underlying principles; underlying causes. | | | Definition: Lying under or beneath; as, the underlying strata of a locality. |
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http://www.quotes-zone.com/quotes/29/underlying.php
(83 words)
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| | Intraepidermal Paget's Differs From Underlying Ca |
| | Intraepidermal Paget's Differs From Underlying Ca Original contribution | | | Therefore, it is suggested that the rule of epidermotropism by neoplastic cells from an underlying carcinoma is not applicable to all cases, and that in some cases PC cells might be the result of neoplastic transformation of preexisting intraepidermal nonneoplastic cells. | | | Microdissection of intraepidermal neoplastic cells and of cells from underlying duct carcinomas and metastases was performed. |
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http://www.annieappleseedproject.org/inpagdiffrom.html
(352 words)
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| | Milton Friedman Quotes |
| | A, Belief, Free, Freedom, In, Is, Market, Most, Underlying | | | A, Against, Belief, Free, Freedom, In, Is, Itself, Lack, Market, Most, Of, The, Underlying | | | Underlying most arguments against the free market is a lack of belief in freedom itself. |
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http://www.brainyquote.com/quotes/quotes/m/miltonfrie136356.html
(92 words)
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| | Underlying Condition Misdiagnosed - WrongDiagnosis.com |
| | Misdiagnosis of underlying conditions: Failure to diagnose an underlying condition is a reasonably common occurrence and represents a partial misdiagnosis. | | | Example: Hemochromatosis underlying diabetes: For example, most people diagnosed with diabetes have only that disease, but in a small percentage the diabetes is actually caused by a second underly condition called hemochromatosis. | | | In this case, the underlying condition is the true primary condition, since it occurred first, and the originally diagnosed condition is actually called the "secondary" condition. |
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http://www.wrongdiagnosis.com/intro/underly.htm
(357 words)
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| |
| | DataOutputStream (Java 2 Platform SE v1.4.2) |
| | to the underlying output stream as a 1-byte value. | | | - the underlying output stream, to be saved for later use. |
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http://java.sun.com/j2se/1.4/docs/api/java/io/DataOutputStream.html
(653 words)
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| | Misdiagnosis of Underlying Causes of Type 2 diabetes - WrongDiagnosis.com |
| | About underlying conditions: With a diagnosis of Type 2 diabetes, it is important to consider whether there is an underlying condition causing Type 2 diabetes. | | | Such types of diabetes may account for 1 to 2 percent of all diagnosed cases of diabetes. | | | Underlying conditions list: The list of possible underlying conditions mentioned in various sources for Type 2 diabetes includes: |
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http://www.wrongdiagnosis.com/d/diab2/underly.htm
(381 words)
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| | ggTools: Smartproxy |
| | Easy to use since there is not need to code an invocation handler, only the methods to be changed in the proxy. | | | class but instead of forwarding the calls to an invocation handler, the smartproxy package use an underlying object to provide the default behavior and an abstract class to override some methods. | | | SimpleInterface base = new SimpleBaseClass(); // Proxify the underlying object. |
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http://www.ggtools.net/smartproxy
(757 words)
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| | Underlying Metallurgy |
| | From this page, you can explore some of the various underlying metallurgical principles of ferrous metallurgy. |
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http://www.matter.org.uk/steelmatter/metallurgy
(16 words)
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| | OECD Key ICT Indicators |
| | Percentage of businesses with ten or more employees using the Internet | | | Link to the graph and the underlying data |
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http://www.oecd.org/document/23/0,2340,en_2825_495656_33987543_1_1_1_1,00.html
(488 words)
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| | 1.2.1. Underlying Assumptions |
| | There are four assumptions that typically underlie all measurement processes; namely, that the data from the process at hand "behave like": | | | The "fixed location" referred to in item 3 above differs for different problem types. | | | Thus if the residuals from the fitted model do in fact behave like the ideal, then testing of underlying assumptions becomes a tool for the validation and quality of fit of the chosen model. |
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http://www.itl.nist.gov/div898/handbook/eda/section2/eda21.htm
(286 words)
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| | Underlying Principles |
| | Schools will need a "next generation" professional development system that uses the technology to cost-effectively engage teachers and others in ongoing, everyday professional development tightly linked to student learning. | | | It is about the redefinition of what it means to be educated in a knowledge-based, digital age. | | | The enGauge framework is based on the following underlying principles: |
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http://www.ncrel.org/engauge/intro/principl/principl.htm
(305 words)
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| | ipedia.com: Traffic psychology Article |
| | Whereas traffic psychology is primarily related to "the study of the behaviour of road users and the psychological processes underlying tha... |
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http://www.ipedia.com/traffic_psychology.html
(1027 words)
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| | Kalamazoo County Health and Community Services - Leading Underlying Causes of Death |
| | The number deaths and the cause of death are one of the primary measures of a population's health. | | | The condition listed on the death certificate known as the underlying cause of death is most often used to calculate mortality statistics because it identifies the initiating cause of death (Centers for Disease Control and Prevention). | | | Kalamazoo County Health and Community Services - Leading Underlying Causes of Death |
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http://www.kalcounty.com/hsd/death.htm
(149 words)
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| | Cambridge Dictionaries Online - Cambridge University Press |
| | And what might be the underlying significance of these supposedly random acts of violence? | | | Psychological problems very often underlie apparently physical disorders. |
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http://dictionary.cambridge.org/define.asp?key=86283&dict=CALD
(52 words)
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| | definition of underlying |
| | Lying under or beneath; hence, fundamental; as, the underlying strata of a locality; underlying principles. | | | Beneath, Fundamental, Hence, Locality, Lying, Principles, Under, Underlying, Strata | | | As, Beneath, Fundamental, Hence, Locality, Lying, Of, Or, Principles, Strata, The, Under, Underlying |
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http://www.brainydictionary.com/words/un/underlying234489.html
(63 words)
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