Consider a HNI client in Mumbai who holds an American-style call option on an interest-rate instrument and calls you, eager to exercise it weeks before the expiry. He sees the option is currently 'In the Money' and...
A regular client in your Pune branch calls, visibly agitated because his portfolio statement shows an 'In the Money' call option that yielded far less than he expected upon exercise. He calculated his profit simply by...
Consider a HNI client in Mumbai who holds a portfolio of debt securities and is concerned about rising interest rates. He decides to buy an interest rate put option to hedge his position, but he becomes frustrated when...