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.
The theoretical price on the call is $23.65 and the price on the put is $19.35 added together they are $43. This is a very similar example to our buying the straddle in that you are collecting $0.33 in theta on the call and $0.32 on the put or $0.65 a day in time decay. You have a breakeven of $683 on the upside and $597 on the downside.