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The trading activity will involve one future contract at a time. The margins requirements of January 1 st are assumed to stay constant during the year.Given the prices of call or put options across all strikes and maturities, we may deduce the volatility which produces those prices via the full Black-Scholes...Open account. An open account transaction is a sale where the goods are shipped and delivered before payment is due. Obviously, this option is the most advantageous.
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