IRL. Abbreviation for In Real Life.. Often used in internet chat rooms to let people you are talking about something in the real world and not in the internet world. Also can be used to differentiate between an actor/actress and the character they play.
Put Call Parity Formula. The basic version of the Put Call Parity formula is; Call-Put = Stock-Strike. The formula supposes the existence of two portfolios that are of equal value at the expiration date of the options.The premise is that if the two portfolios have identical values at expiration then they must be worth the same value now.all-Put = Stock-Strike. The formula supposes the existence of two portfolios that are of equal value at the expiration date of the options. The premise is that if the two portfolios have identical values at expiration then they must be worth the same value now.
Effect of Cash Flows on Put-Call Parity and the Lower Bounds. Put-call parity is the relationship that must exist between the prices of European put and call options that both have the same underlier, strike price and expiration date.or European options, early exercise is not possible. If the expiration values of the two portfolios are the same, their present values must also be the same. This equivalence is put-call parity.