That's true, in BS terms, but expirationless does not necessarily mean exerciseless. An exerciseable, yet expirationless, put would be worth something.
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Expirationless options
- Thread starter IV_Trader
- Start date
That's true, in BS terms, but expirationless does not necessarily mean exerciseless. An exerciseable, yet expirationless, put would be worth something.
What do you guys think of some of the justifications of http://www.xpotrade.com/pdf/XPOpricing_1.pdf regarding pricing
Probably would be most usefull as a tax dodge.
If you own 10,000 shares of msft sell a 10 expirationless call pocket the money and could avoid taxation.
If you own 10,000 shares of msft sell a 10 expirationless call pocket the money and could avoid taxation.
Quote from IV_Trader:
more news... according to CBOE rep , VIX options coming "sooner that everyone might think" , maybe in JAN 06.
http://www.cboe.com/AboutCBOE/ShowDocument.aspx?DIR=ACNews&FILE=20060111.doc&CreateDate=11.01.2006