Futures Contracts Available on a wide range of underlying assets · Exchange traded · Specifications need to be defined: What can be delivered, - Where it can be delivered, When it can be delivered Settled daily Options, Futures, and Other Derivatives,5 5th edition2002 by John.hull
The Heisenberg uncertainty principles Nature is bilateral: particles are waves and waves are particles. The particle aspect carries with it the traditional concepts of position and momentum; The wave aspect carries with it the concepts of wavelength and frequency
Types of options A call is an option to buy A put is an option to sell A European option can be exercised only at the end of its life An American option can be exercised at any time