Option Expression Testable

borson

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Hey guys,
Does anyone know if they explicity ask for the expresison in option calculations ? example “Show the expression for the profit in a covered call”
profit = -max(0, St-X) + St - S0 + C0
Or am I just supposed to be able to calculate it and determine what the actualy profit is. I’m struggling with the expressions while I don’t have an issue actually calculating what the profit would be.
Would certainly be nice if I didn’t need to show the option expression.
Borson
 
It cannot hurt, and may help if you get your calculation wrong.
If you get the calculation correct, it isn’t necessary.
 
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