NO.PZ202208260100000707
问题如下:
Which of the following statements correctly describes an important distinction between the two strategies of buying a put option and selling a call option with respect to option time value decay?
选项:
A.Time value decay is a benefit to both option strategies.
B.Time value decay is a cost to both option strategies.
C.Time value decay is a benefit to selling a call option and a cost to buying a put option.
解释:
C is correct. The time value component of an option premium declines toward zero as time passes toward the expiration date. A purchased option declines in value, all else equal, because of the time value decline. A sold option increases in value, all else equal, because of the time value decline. A is incorrect as time value decay is a cost to the purchased put option strategy, and B is incorrect as time value decay is a benefit to the sold option strategy.
这题李老师好像上课讲过,但是没有太理解原理。