DOLLAR WORKSPACE / ADVANCED STRATEGY
Edit the selected strategy and run its detailed analysis. Use Compare strategies for the workspace’s matched Monte Carlo comparison.
A Holder chooses a book first and a hedge second. The desk prices the hedge the reader has chosen on the paper's own seeded paths and its hedged excess over basis; sets the paper on the shelf against what a desk already does — hold the coin, lend it, overwrite it, carry it; draws the hedged and unhedged distributions; and runs the coin seat's drift sweep — all read in the dollar book or the coin book. The pricing section at the foot — the embedded put ladder on the surface and the risk-neutral fair value — says what the paper's embedded options are worth, in dollars.
These controls edit the shared scenario. Run the analysis after making changes; results keep the inputs from their completed run.
| tenor ↓ · K/S → | 0.70 | 1.00 | 1.30 |
|---|---|---|---|
| 1m | |||
| 3m | |||
| 12m | |||
| 24m |
stylised illustration, not market data; import a real snapshot (quoted 0.70×–1.30× spot, 1–24 months; beyond the quotes the wing convention: total variance linear in ln K/S at the edge's own slope, Lee-bounded)
buy put at the loss line at expiry, 3m, rolled at each expiry, 1 coins per Agreement, at origination