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Sfm-ca final

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(Querist)
16 March 2017 Hello Everyone, please suggest me if I need to make payment in Japense Yen then should I go for "PUT OPTION" or "CALL OPTION" incase of Foreign Currency Option contract. I could not understand the solution of November-2015 CA Final question-SFM Q1(d)
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vaibhav singhi

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vaibhav singhi (Expert)
16 March 2017 call option
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vaibhav singhi

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vaibhav singhi (Expert)
16 March 2017 call option on yen is a contract but not obligation to buy yen
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