Explain the relationship of time value and options, how does it affect pricing of options, how it is looked at in business etc. Make sure to discuss the time value of money and its mathematical calculations.
Explain how options prices are derived? What are ALL the factors that affect options prices?
What are the advantages and disadvantages of trading options instead of equities? be detailed and include them all.
Describe in detail the two kinds of options contracts that exist, also describe the advantages and disadvantages of each?