Research finished: the premium must be the sum of Call and Put. But IMO still an interesting construct.
UPDATE / NEW NEWS: The above said could be incorrect! I had tested only the case for S=K, then the above said indeed holds. But I need to do more research for the S != K cases...
@destriero wrote: BS, then it would hold also for S != K, but which seems not to hold, at least not from a probability point of view. Still researching the case...
destriero wrote Dude, just hold word and piss-off of here & the world. Nobody is interested in your all time off-topic "comments".
@thecoder I think you need to hire a patent attorney immediately before you reveal too much. This is getting serious the institutions are watching. Your new initiative is brilliant!
Please stop mocking @thecoder, he is really an idiot savant and communicates only through loops of code... Now seriously ... so many good people told you (@thecoder) that you are on a truly stupid trajectory— But you really don’t want to listen .. changing the name of the thread from ‘fairput’ to ‘chameleon’ would not change the obvious fact — you do not understand the math.. even remotely... (ps: if you enjoy this roasting you might want to try the specialized subreddit to.roastme’. GOOD LUCK
@Stamamarti, be assured that I'm maybe the best options mathematician of our time. I'm passionate about options and I've become the top expert in this field, otherwise there would already be someone else who proves BSM wrong, like I recently did. I mean, I proved BSM wrong, and also found a replacement for it (dubbed FPM), as well created at least two new option types: FairPUT based on Call premium and FairPut based on PUT premium. I'm the wordwide leading expert in options and you have to accept this fact, that simple And @Stamamarti, Chameleon has nothing to do with FairPut, they are different things. Just FYI People interested in my research and work on options can find more info in my journal here: https://www.elitetrader.com/et/threads/the-fairput-initiative.349291/page-14#post-5198715