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DER 03.2 Arbitrage relations: OptionsCall and put options on assets, forwards, futures, and swaps also trade. Certain price relations among these instruments exist solely due to the absence of costless arbitrage opportunities. The most important of these is called put-call parity.

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• Required reading

  • Whaley 2023, The "Sage" entrepreneur

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• Lecture notes

  • Slides

  • Supporting files​

    • Put-call parity.xlsx

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