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- September 5, 2019 at 6:08 pm #545170
Sorry that I answered someone’s question in Ask The Tutor Forum. I was unaware. I actually attempted that question quite recently and just wanted to help.
September 5, 2019 at 6:02 pm #545168Thank you sir. Made sure I understood the concept once again!
September 5, 2019 at 12:19 pm #545076You are welcome
September 5, 2019 at 11:44 am #545068Nutourne is a US company. It’s going to be receiving CHF 12.3 million.
You should have noticed that the Contract Size is in CHF (CHF 125000).
Eventually we need USD equivalent as we are a US company. Therefore we SELL (Put Options) 98 CHF 125000 Contracts to get USD receipts.
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