• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

September 2025 ACCA Exam results

Post comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Currency Options

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Currency Options

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • March 1, 2021 at 7:26 am #612223
    parthbhanushali
    Member
    • Topics: 34
    • Replies: 20
    • ☆☆

    Hello Sir!

    Please confirm if following mentioned text is correct :-

    In case of currency options ofcourse there is no concept of “Basis” (in Future contracts).

    So if there is no currency option contract for the “date of Forex receipt/payment” , we have to consider the “exercise price” of the option contract which is immediately next to the forex receipt/payment date.

    And we can consider that “exercise price” less premium amount to calculate the final inflow/ outflow of domestic currency. There is no need to adjust the exercise price with “basis”.

    March 1, 2021 at 9:20 am #612270
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54764
    • ☆☆☆☆☆

    You are correct in writing that there is no basis involved with options.

    If the option is exercised then we convert at the exercise price.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Sid24012003 on Accounting for overheads part 3 – ACCA Management Accounting (MA)
  • John Moffat on PM Chapter 1 Questions Activity based costing
  • John Moffat on PM Chapter 1 Questions Activity based costing
  • anastasia.acca on PM Chapter 1 Questions Activity based costing
  • anastasia.acca on PM Chapter 1 Questions Activity based costing

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in