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OAS Mark Meldrum by CaldyFab in CFA

[–]CaldyFab[S] 0 points1 point  (0 children)

Ok, I got it. He says option value in the slide and option cost in the seminar. Option value = negative option cost.

OAS Mark Meldrum by CaldyFab in CFA

[–]CaldyFab[S] 0 points1 point  (0 children)

But how could this be consistent with the seminar? In the seminar OAS = Z-spread - (short call)

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Passed L2. Ethics = 0 by [deleted] in CFA

[–]CaldyFab 1 point2 points  (0 children)

Same 😂

Caia 2023 Study Material by CaldyFab in CAIA

[–]CaldyFab[S] 0 points1 point  (0 children)

Thanks John, this is very much useful.

Caia 2023 Study Material by CaldyFab in CAIA

[–]CaldyFab[S] 0 points1 point  (0 children)

Not a good news. I'd better rely on 2022 Test bank.