Recent content by Benamed

Thanks for all the input. In the end, I came up with the following: The 10000 long call option position gives the right to buy 10000 S&P500 index. So the underlying of the option is not the future contract on the S&P500 but just the real index. So the option is a non-existing one which is made...

@tripleogstar: Thank you for your reply. I wasn't aware of the fact that the delta of future contracts was always one in this case. In class I always had to calculate the amount of shares to go long or short in not the amount of futures that's why I was confused. I'm aware of the other Greeks...

Thank you for your advice. I need to find the number of future contracts though, so then I have to divide 11670,56934 by the contract size of the S&P 500 future ($250) = 46,6822774 So I need to short 46 contracts, right?

Dear all, I'm wondering if my calculations of the following problem is correct: 10 000 call options on S&P500 Characteristics of the option: Start date: March 31st 2011 Type: European Maturity: May 31st 2011 Strike Price: 1400 1 option contract gives the right to buy 1 S&P500 index 1) So...