Chapter 15 - Slides 17-30 - Options Characteristics; The Break-even Point
This presentation discusses in detail many of the characteristics and the concept of "in-the-money" and "out-of-the-money" options. We also look at the very important break-even point or break-even price. This is yet another concept that reinforces the theory that buying options is generally a bad idea.This work is licensed under a Creative Commons Attribution 4.0 International License.