Index options worked example

Intermediate worked example covering Index Options (Risk management and hedging) Useful for ACA FM, SBM and ACCA P4 Index options, shares, portfolio, hedging, risk, choice, gain, exercise, loss, abandon, lapse, sell, put, buy, call, flexibility, flexible, right but not obligation, expensive, premium, upside potential, no downside risk, derivatives 0000020_ACAFMGH