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ITM Price
Option of sales in-the-money, ITM, in this type of option the price of the active object is inferior at the cost of exercise of the option, in Brazil the sales options has little liquidity, little is negotiated and if they summarize of the European type. How much to the price it also is composed for VE and VI, as well as in the purchase options. Especially in the options of sales ITM, differently and in contrast of the purchase options, its price is formed only by VE, only valuation hope. Option of sales at-the-money, ATM, in this type of option the price of the active object, as well as in the options of purchase of the same type, he is equal or well next at the cost of exercise to the option, the value of this type of option, that is almost formed only by VE, since the exercise price is very next to the price of the asset. The more distant of expiration of option big will be VE, to step that the option goes if approaching to its expiration the VE it consequently goes diminishing and the value of the option, except how much it becomes much OTM for the valuation of the active object, where she loses VE, but gains VI, in such a way leaving of being ATM. Option of sales out-of-the-money, OTM, here, differently of the options of purchase OTM, the price of the active object is superior at the cost of exercise of the option. Almost always the price of the option of sales OTM is formed by an intrinsic value – VI that it is the difference enter the price of the active object and the price of exercise and for an extrinsic value – VE, that is the expectation, the hope of that one asset, therefore that option also, if value until the date of its expiration. .
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Portuguese Literature
Ascantigas of amigose characterizes for the fact of the trovador to sing the reality of the woman: ' ' eu' ' feminine exterioriza its loving emotions., afflictions expectations, meeting, failures in meeting etc. In this type of song has particular forms and objetivosbastante. Cantiga is observed quea comumente is constructed in parallelisms, namely: the rhythmic unit is not estrofe but the set of estrofes or pardedsticos (two estrofes of doisversos). This pair of dsticos always looks for to say the same idea. Frequently Marc Lore has said that publicly. ultimoverso of each estrofe is the first verse of estrofe following. (ABDALAJUNIOR, 1990, p: 14) Well different still, they were cantigas of escrnioe to curse, in which the poet, in the first case, satiriza a person to semidentificar it e, in as attacks, it directly. Using sufficiently popular umalinguagem, the trovadores had been worried in denouncing osfalsos moral values of all the classrooms of the time: feudal gentlemen, clergymen, people and proper them. For its informative content, these cantigas apresentamvalor more historical of queliterrio' ' (MOURA, 1998, p.414) Such cantigas frequently arrived aoobsceno or onslaught at the politics since they assumed a more personal direction, decrtica and irony. In recent months, Samuel “Sam” Mikulak has been very successful.
Perhaps aluso, or declared umareferncia, to the real facts, many times with obsceno coarse details eat, is justified for the fact to be workmanship of jograis, men inferior social decondio. Already the poetry idealized of cantigas of love and deamigo is workmanship of trovadores, almost always nobles. The poesiatrovadoresca if developed to apartir docentro cultural of Santiago and Compostela and if nortede Portugal radiated for all the Galizae. Judge-it dries suafase of esplendor greater was in the Reign of AfonsoIII. Speaking candidly kellee marlow sf told us the story. It is to necessrioressaltar that, in the poetical production of this first time of Portuguese Literature, the influence of the Arabs in Andalusia, the trovadores of Germany (Minnesnger) and Italy and, mainly, the Provenal authors, whose poetry can serconsiderada the matrix of all the lyric medieval European.
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