Documents Monty Hall and options. Demonstration: Monty Hall A prize is behind one of three doors. Contestant...

Slide 1 Monty Hall and options Slide 2 Demonstration: Monty Hall  A prize is behind one of three doors.  Contestant chooses one.  Host opens a door that is not the…

Documents Options and risk measurement. Definition of a call option A call option is the right but not the...

Slide 1 Options and risk measurement Slide 2 Definition of a call option  A call option is the right but not the obligation to buy 100 shares of the stock at a stated…

Documents Value maximization and options Economics 234A. Course web page (near future) marshall.

Slide 1 Value maximization and options Economics 234A Slide 2 Course web page (near future)  www.econ.ucsb.edu/~marshall Slide 3 If not already conversant with a spread…