AFMPut and Call Options

Dear Robert, In Examination Question Option to Delay or Expand are called Call Options and Option to Redeploy or Withdraw (meaning terminating the project) are called Put Options. I do hope your Question is answered. Mohammed.

If you are referring to foreign exchange or interest rate options, then the rules are all covered in detail in my free lectures.

Hi both, thanks for your replies. Yes john I am indeed asking about foreign exchange and interest rate options. I am aware that these are covered in the lectures. I have watched them and appreciate them fully. My question was poorly worded. What I'm asking for is a way to remember when to buy a call option and when to buy a put. I can work it out myself but I wont have the luxury of time in the exam to work it out, thus I was after a way to remember it - a mnemonic for example would be useful. Thanks for the lectures John

Currency Option BBPO -Borrower ($) Buy Put Option PCBC- Pay Currency (not $) Buy Call option Interest Rate Option Rising Interest Rate BBPO -Borrower Buy Put Option Falling Interest Rate LBCO-Lenders Buy Call Option Uttam