152 Put-Call Parity arguments Put-call parity p+soe-ql=c+xer/ holds regardless of the assumptions made about the stock price distribution ·| t follows that pmkt-pbs -Cmkt-Cbs Options, Futures, and other Derivatives, 5th edition 2002 by John C. HullOptions, Futures, and Other Derivatives, 5th edition © 2002 by John C. Hull 15.2 Put-Call Parity Arguments • Put-call parity p +S0 e -qT = c +X e–r T holds regardless of the assumptions made about the stock price distribution • It follows that pmkt-pbs=cmkt-cbs