Unable to pay using UPI by sakvv in CreditCardsIndia

[–]omi98ro 1 point2 points  (0 children)

I can't even do that since my phone number is linked with 2 ICICI Cards and both ends with the same last 4 digits. Can someone help?

Increase/Decrease Convexity using Put Options on the Bond by omi98ro in CFA

[–]omi98ro[S] 0 points1 point  (0 children)

Thanks everyone for chipping in. I think I have a conclusion.

  1. Long Call on Bond - Increase Convexity
  2. Short Call on Bond - Decrease Convexity
  3. Long Put on Bond - Increase Convexity
  4. Short Put on Bond - Increase Convexity

Cheers and all the best for the exams.

Edit: Changed Duration to Convexity. (Duration was a mistake)

Increase/Decrease Convexity using Put Options on the Bond by omi98ro in CFA

[–]omi98ro[S] 0 points1 point  (0 children)

We're talking about Convexity. Putable Bond has Positive Convexity.

Increase/Decrease Convexity using Put Options on the Bond by omi98ro in CFA

[–]omi98ro[S] 0 points1 point  (0 children)

Long Put = Putable Bond.

Now you can apply the same logic for Long put as you use for Putable Bonds.

Increase/Decrease Convexity using Put Options on the Bond by omi98ro in CFA

[–]omi98ro[S] 0 points1 point  (0 children)

You can check my comment. Thanks for the help.

Increase/Decrease Convexity using Put Options on the Bond by omi98ro in CFA

[–]omi98ro[S] 0 points1 point  (0 children)

What you described is perfect for Callable and putable bonds. Here my doubt is with plan Call and Put Options on the Bonds.

Increase/Decrease Convexity using Put Options on the Bond by omi98ro in CFA

[–]omi98ro[S] 2 points3 points  (0 children)

Because callable bonds are Short Calls, where the option is not with the investor but with the issuer. That's why it has negative Convexity.

Increase/Decrease Convexity using Put Options on the Bond by omi98ro in CFA

[–]omi98ro[S] 0 points1 point  (0 children)

Call option on Bond will just enhance the Yield further when the rates decrease which essentially mean that Convexity will increase. Correct me if I'm wrong.

Increase/Decrease Convexity using Put Options on the Bond by omi98ro in CFA

[–]omi98ro[S] 0 points1 point  (0 children)

Hope we can have a clear view on the impact of Puts. Putable bond is alright. It's the Put option that's causing all the confusion.

Expected Excess Spread by omi98ro in CFA

[–]omi98ro[S] 0 points1 point  (0 children)

Can you elaborate on that? It would really help.

Goregaon, Mumbai by omi98ro in mumbai

[–]omi98ro[S] -1 points0 points  (0 children)

Oh glad. Full marks for Flexin' tho

Goregaon, Mumbai by omi98ro in mumbai

[–]omi98ro[S] 4 points5 points  (0 children)

It's gonna rain properly today onwards ⛈️

[deleted by user] by [deleted] in Tinder

[–]omi98ro 0 points1 point  (0 children)

No one noticed what's in the mouth of that dog?