问题如下:
Company A has just announced a takeover offer for Company B. The outcome of the takeover attempt is uncertain. If successful, a big increase in Company B's stock price can be anticipated. If unsuccessful, a big decrease can be anticipated. An investor buys a straddle on Company B's stock where the strike price is close to the current market price. Is this a good trade? Discuss.
解释:
The outcome of the takeover is uncertain, and we can expect a big move in the price of Company B's stock by the time the result of the takeover attempt is known. A straddle would therefore appear to be a good trade. However, because knowledge of the takeover is in the public domain, the prices of calls and puts will be higher than usual to reflect the fact that a big move in the stock price is likely. This emphasizes the point that having the same view as the rest of the market is not usually sufficient to make money trading options. It is necessary to take a view that is different from the market consensus (and be right!).
请问可以帮忙翻译一下答案嘛 没看懂。。