CC3 STT:LPCH:KCPBR Ratio Calculator

Fill in the green Box with the number of STT's you are trying to hedge
20.0 <-- How many 4x8x4 STT Tranches do you have on ? (1 tranche = (1) 4x8x4 STT-BWB).
4.0 <-- TOTAL # of LP's needed in your LPCH Campaign (This is counting BOTH weeks worth of LP's)
50.0 <-- TOTAL NET LONG PUTS needed in your KCPBR Campaign (this is NET Long Puts… i.e. if you have a -5/10
are trying to hedge
x4 STT-BWB).
weeks worth of LP's)
ong Puts… i.e. if you have a -5/10 PBR on then you have 5 NET Long Puts)