Investigating Spread Transaction in Trading Stock Call Option for Managing Risk and Analysis Speculation Opportunities in Tehran Stock Exchange

Subject Areas : Financial Knowledge of Securities Analysis

سید علی نبوی چاشمی ¹ (ندارد)

Received: 2013-10-13 Accepted : 2013-12-22 Published : 2014-06-15

Keywords: Key words: Put Option, Binomial Trees Model, Spread Transaction,

Abstract :

AbstractThe nature of risk management make multidimensional this studies. therefore mustpay to appropriate fields for optimal management of risk according to mathematical andstatistical techniques, hedge models, profit opportunities and create return. Speculatorscan minimize foreseeable risks with optimize portfolios and then go to embrace the riskand hoping to benefit from higher return. Transaction Strategies with uses option contractgives this opportunity to them. This article deals with survey the pattern of risk in tradingcall option, comparison the risk pattern of buyer and seller call option and risk pattern ofadoption spread transaction. The results that get after calculation the price of call optionfor 45 companies, described in detail how risk management of trading positions and gainreturn according to the volatility and changes in stock prices and with uses spreadtransaction.