Question
What is the term used for options that do not have
offsetting positions?Solution
Naked or uncovered options are those which do not have offsetting positions, and therefore, are riskier. On the other hand, where the option writer has corresponding offsetting position in the asset underlying, the option is called covered option. Writing a simple uncovered (or naked) call option indicates toward exposure of the option writer to unlimited potential losses for earning more premium.
X men can complete the piece of work in 32 days and (X + 30) men can complete the same work in 15 days less than that of days taken by X men. Find the v...
20 men can do a task in 18 days while 30 women can complete the same task in 24 days. In how many days will 1 man and 1 woman complete it together?
- A team of 15 workers was assigned to complete a task in 30 days. After working together for 20 days, they discovered that only half of the work had been co...
A2 type ‘P’ pipes can fill a tank in 350 hours, while B2 type ‘Q’ pipes can fill the same tank in 504 hours. (10A × 6B) t...
Komal and Seema individually can complete a task in ‘2a’ hours and ‘5a’ hours respectively. If they together can complete half of the work in 5...
A and B together can complete a piece of work in 12 days. A alone can complete the work in 20 days. A starts the work and is joined by B after 5 days. H...
The time taken by ‘A’ to build a wall alone is 45% more than the time taken by him to build it along with ‘B’. ‘B’ will take how much percen...
"'Mahesh' is 40% less efficient than 'Neeraj.' 'Neeraj' takes 30 days fewer than 'Mahesh' to finish the same work. Find the time taken by 'Neeraj' to fi...
‘A’ and ‘B’ alone can do a certain work in 30 days and 40 days, respectively. Both started the work together but after ‘x’ days ‘A’ left...
Anita is 1100% more efficient than Veena. If Veena can do (1/24)th part of work in six days, then Anita alone can complete the work in_______days. If An...
Relevant for Exams:
