Challenge The option margin requirement we’ve used this semester (see the equation sheet) is just one of two formulas that brokers may use to determine how much margin a trader must post to open a short position. Brokers calculate both requirements and then require the trader to post the greater of the two. To see why this matters, consider the following situation that arises with our margin requirement formula. You are in bearish on the volatility, but bullish on the price of McDonald’s stock (ticker: MCD), whose current spot price of MCD is $. Under our option margin requirement, what strike price should you choose such that you would not have to post any margin (beyond the option’s price)? Enter your answer as a number of dollars per share, rounded to the nearest $0.01.

Traders with long put positions, all else equal, prefer higher strike prices.

Traders with long put positions, all else equal, prefer higher strike prices.

Which of the following best describes Merrill Lynch’s relationship with Long-Term Capital Management (LTCM)?

What does it mean for an option to be out-of-the-money?

Woohoo!! Last exam question in this course for the semester. Best of luck with finals and thanks for an enjoyable class. Congrats to those of you that are graduating! (This is a freebie :))

According to the NCRP task group that includes AAPM recommendations, the recommended minimum frequency of checking beam profile constancy is and the tolerance is plus or minus %.

What is the tolerance for a daily quality check of beam output constancy of a non-IMRT treatment that utilizes a beam energy of 6MV?

Structural chromosome abnormalities that involve reversal of segments are called:

The first meiotic division separates: