...行权价较低的空头看跌期权并可周期性往后展期的策略,为节约权利金的外汇支出,三大航还都采用了卖出期权的权利金收入与买入期权的权利金支出保持基本平衡的零成本(Zero-cost)组合策略,这样的组合在油价暴涨时可以盈利,在油价维持较高水平时不会亏损,但在油价暴跌时却会面临巨亏。
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道理很简单,衡平法绝不容忍恶行零成本。
Quite simply, equity will not suffer a wrong without a remedy.
交易成本也可能低于传统支付系统,但还不能做到零成本。
Transaction costs are also likely to be lower than those for traditional payment systems, though they are not zero.
但是,期望赌场为堂堂一国的经济问题提供一个零成本的解决方案,这个赌注就下大了。
But expecting them to provide a cost-free solution to the country's economic ills is asking too much.
In terms of the benefits of the spoils of government versus the cost of running, it's a wash for Claire Elise, whether she enters or not.
从利益角度来看,政府的奖励对参选的成本,对克莱尔·伊莉斯来说它是零,无论她参不参选
I bought a number of two-period bonds such that the value of my purchase exactly equals the proceeds that I get from shorting the one period bond, so I've made a zero wealth transaction.
我买入了一定数量的两年期债券,其成本刚好等于我卖空,一单位一年期债券获得的资金,我做的是零成本交易
She costs C for sure, that's a wash because B, the way we've worked things out, B was $2, C was $1, So B/2-C is a wash.
她承担C的成本,收益是零,因为B,按我们设定的金额,B是2美元,C是1美元,所以B/2-C是零
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