看涨期权的利润图 Profit profiles for calls 利润 Profit 看涨期权持有人 Call Holder 0 看涨期权出售 者 Call writer 股票价格 Stock Price 20-11
20-11 利润Profit 股票价格 Stock Price 0 看涨期权出售 者 Call Writer 看涨期权持有人 Call Holder 看涨期权的利润图 Profit Profiles for Calls
看跌期权在到期日的收入和利润 Payoffs and Profits at Expiration -Puts 到期日看跌期权持有人的收入 Payoffs to Put Holder 0 If st> x ( ST) If st x 到期日看跌期权持有人的利润 Profit to put ho|der 收入一期权费用 Payoff- Premium 20-12
20-12 看跌期权在到期日的收入和利润 Payoffs and Profits at Expiration - Puts 到期日看跌期权持有人的收入Payoffs to Put Holder 0 if ST > X (X - ST) if ST < X 到期日看跌期权持有人的利润Profit to Put Holder 收入－期权费用 Payoff - Premium
看跌期权在到期日的收入和利润 Payoffs and profits at Expiration -Puts 到期日看跌期权出售者收入 Payoffs to Put Writer 0 if sr>x X-S)fSr<Ⅹ 看跌期权出售者利润 Profits to put writer 收入十期权费用 Payoff+ Premium
20-13 看跌期权在到期日的收入和利润 Payoffs and Profits at Expiration - Puts 到期日看跌期权出售者收入Payoffs to Put Writer 0 if ST > X -(X - ST) if ST < X 看跌期权出售者利润Profits to Put Writer 收入＋期权费用 Payoff + Premium
看跌期权利润图 Profit profiles for puts 利润 Profits 看跌期权出售 者 Put Writer 看跌期权购买 者 Put holder 股票价格 Stock Price
20-14 看跌期权利润图 Profit Profiles for Puts 0 利润Profits 股票价格Stock Price 看跌期权出售 者 Put Writer 看跌期权购买 者 Put Holder