Of Otters and OptionsMe (after watching a 6 min video of an otter playing around :))
'I want a baby otter noww! OMG so cute!'
Zarina: 'Hmm they don't look very good old though...
I could get a baby otter. And buy a put option on it. And then if it gets ugly and I don't like it anymore, I'll exercise it!'
~ Zarina Paurobally, 9th June 2010
HAHAHAHAHA! I laughed so hard! Derivatives really got the best of that poor girl.
PS: A put option is a financial option you buy that gives you the right to sell something in the future.
PPS: We had our derivatives exam today morning :) And she was just linking everything to what we learnt!
Funny funny.
Shan Min
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12:16 AM
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