18.4 Options Market Value Signage

Table 18-3 Examples of Options Market Value Signage

Balance Sheet Class	Examples	Embedded Option	Signage
Assets	INVESTMENTS	Calls	-
		Puts	+
	MORTGAGES	Caps	-
		Floors	+
		Embedded Option
Liabilities	BORROWINGS	Calls	+
		Puts	-
		Caps	+
		Floors	-
Off Balance Sheet		Bare Options	* Follows same sign as buy +, Sell - indicator
	CAPSFLOORS	Calls	+/-
		Puts	+/-
		Caps	+/-
		Floors	+/-
		Swaptions	+/-