• Put call Parity was introduced by Stoll ( 1969) This relationship shows the combination of call and put option with same underlying asset , exercise price and maturity date. Any Violation of this
+ Exposure P ri c e Underlying stock price Option position Stock position Gamma Risk • In case of a European call option, a hedge portfolio is constructed by establishing a long position in the option and a
introduce several variables intended to control for the firm’s specific characteristics and other macroeconomic shocks and uncertainty. ❑ Following prior literature on political risk and firm value, we
2016 2017 DW Trading Value (Mil. THB) Index DW Trading Value (Mil. THB) Recall: Option price consists of 2 components. Intrinsic value + Time (betting) value 5 Factor Calls Puts Note Asset price (S
Terephthalic Acid (PTA). INBV had entered into a Call Option Agreement with PTIRS on 30 November 2011 to have a one-time call option to purchase all shares held by PTIRS in PT. Indorama Petrochemicals within 31
events. The Notes of a Series may also be redeemed at the option of the Issuer, in whole, but not in part, (i) in the event that at least 95 per cent. of the initial aggregate nominal amount of such Series
increased .In addition the Social security revenue of subsidiaries decreased because of the uncertainty of the payment system of Social security office. 2. Cost of hospital operations & Administrative
Quantitative methods in accounting research A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals Sarayut Rueangsuwan Kasetsart University SEC Working Papers Forum 19th
management override of control. Research design : Tones of KAMs 363 different words in KAMs sections are categorized into five-word categorizations: uncertainty, litigious, negative, positive, and neutral
, such as: • Lighting within tenant areas • Tenant power • Tenant supplementary cooling • Tenant data facilities 12 To avoid the risk and uncertainty associated with year-on-year moving performance targets