Wednesday, December 27, 2006

I wanna buy a camera. Its current price is Dhs. 1099. I dont have the money to buy it now.

So I go to the shopkeeper and tell him that I would like to buy this camera, but I dont have the money now. He then suggest I buy a call option. For this option, I have to pay him Dhs. 10 and he sets the expiration date as June 30th 2007. The option is that I can buy this camera for Dhs.900 after 6 months.

Lets see what happens. What do you think abt this deal?

5 comments:

Accenture said...

Dude.. am sure that finance prof.. would be proud of you...
What happened to the camera I had asked you?

Nikhil Kulkarni said...

wow man ... such schemes exist ?? I thought all these things were only for stocks ...

Alex Joseph said...

Anna, checked out the cam. It costs approx Rs.20K...let me know if I should go ahead and buy

Nikhil, no such scheme exists :) I just made it up and posted it to see what you guys think of something like this. Dont you think something like this should be there - even for consumer goods?

Anonymous said...

ahem....market analysis ?? :)

Accenture said...

Dude... Update....