hi david,
i'm confused of long expiry long call and something like that
those are mentioned in question no. 36 on page 129 in 08' practice exam.
long expiry means a option with long maturity??
then why are gamma risk and vega risk equal to short expiry, long expiry respectively??
lastly, net long gamma is just plus gamma position, isn't it?
thanks
suk
i'm confused of long expiry long call and something like that
those are mentioned in question no. 36 on page 129 in 08' practice exam.
long expiry means a option with long maturity??
then why are gamma risk and vega risk equal to short expiry, long expiry respectively??
lastly, net long gamma is just plus gamma position, isn't it?
thanks
suk