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3I0-012 · Question #426

What do you call a combination of a long (short) call option and short (long) put option with same face value, same expiration date, same style, where the strike price is equal to the forward price?

The correct answer is A. a synthetic forward. See the full explanation below for the reasoning.

Question

What do you call a combination of a long (short) call option and short (long) put option with same face value, same expiration date, same style, where the strike price is equal to the forward price?

Options

  • Aa synthetic forward
  • Ba straddle
  • Crisk reversal
  • Da strangle

How the community answered

(55 responses)
  • A
    80% (44)
  • B
    13% (7)
  • C
    5% (3)
  • D
    2% (1)

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