86 lines
2.0 KiB
Plaintext
86 lines
2.0 KiB
Plaintext
Index • 315
|
||
Rolling, 200–201
|
||
Round-tripping, 148–149, 300n1
|
||
(Chapter 7)
|
||
S
|
||
Safeway, 100
|
||
Schiller, Robert, 43
|
||
Scholes, Myron, 8–9
|
||
Secular downturns, 302n2 (Chapter 11)
|
||
Secular shifts, profitability and,
|
||
101–102
|
||
Sell-side structural impediments,
|
||
136–137
|
||
Settlement prices, 146
|
||
Shiller, Robert, 42
|
||
Short calls, 14, 221
|
||
Short diagonal, 238–240
|
||
Short puts, 211–220
|
||
about, 213–214
|
||
BSM cone, 212
|
||
covered calls and, 241–244
|
||
in long diagonals, 235–237
|
||
loss leverage with, 211–212
|
||
portfolio management with, 216–220
|
||
protective puts vs., 248–250
|
||
returns for, 245
|
||
strike price for, 215
|
||
tenor for, 214–215
|
||
Short straddles, 230–232
|
||
Short strangles, 231–232
|
||
Short-call spreads, 220–230
|
||
about, 221–222
|
||
BSM cone, 220
|
||
portfolio management with,
|
||
228–230
|
||
in short diagonals, 238–240
|
||
strike price for, 222–228
|
||
tenor for, 222
|
||
Short-term trading strategies:
|
||
implied volatility in, 63–64
|
||
intelligent investing vs., 267–268
|
||
and market risk, 264–265
|
||
Slovic, Paul, 119
|
||
Smolan, Rick, 114
|
||
Solvency risk, 256, 263
|
||
S&P 500 (see Standard & Poor’s 500
|
||
Index)
|
||
Special-purpose vehicles, 110
|
||
Spreads:
|
||
bid-ask, 147–149
|
||
short-call (see Short-call spreads)
|
||
SPX ETF , 251–252
|
||
Standard & Poor’s 500 Index (S&P
|
||
500):
|
||
correlation of hedge funds and, 134
|
||
distribution of returns, 44–46
|
||
protective puts on, 252–254
|
||
Startup stage, 86
|
||
Statistical volatility, 60
|
||
Stock investing, xiii
|
||
choices in, 20–22
|
||
visual representation of, 10–11
|
||
Stock prices:
|
||
BSM model assumption about, 32,
|
||
34–35, 40–47
|
||
directional predictions of, 68–74
|
||
of dividend-paying stocks, 35–36
|
||
predicting, with BSM model, 32–39
|
||
(See also Forward prices; strike–
|
||
stock price ratio [K/S])
|
||
Stock-split effect, 42
|
||
Stop loss, 229
|
||
Straddles:
|
||
long, 208–209
|
||
short, 230–232
|
||
Straight-line depreciation, 283
|
||
Strangles:
|
||
long, 26–27, 205–207, 209
|
||
short, 231–232
|
||
Strategic capital, 297n1 (Chapter 4)
|
||
Strike prices:
|
||
and BSM cone, 52–54
|
||
defined, 12
|
||
long call, 192–196
|
||
long diagonal, 236–237
|
||
long put, 203 |