Explain how a 5 8 option contract for May 2011 on electricity with daily exercise works.
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Explain how a 5 × 8 option contract for May 2011 on electricity with daily exercise works. Explain how a 5 × 8 option contract for May 2011 on electricity with monthly exercise works. Which is worth more?
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A contract for May 2011 is a contract to provide el...View the full answer
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