A note on the unitary part of a contraction
โ Scribed by Chi-Kwong Li
- Publisher
- Elsevier Science
- Year
- 2010
- Tongue
- English
- Weight
- 117 KB
- Volume
- 433
- Category
- Article
- ISSN
- 0024-3795
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
A Futures Trading Commission is ready to consider seriously the buying and selling of commodity options on domestic futures exchanges. It is therefore useful to examine the desirable characteristics such options might possess, and that is the purpose of this article. First, the "standard" commodity
n his note in the spring 1982 issue of this journal, Asay (1982) discusses the I pricing of commodity option contracts. The purpose of his note is to introduce the idea of a "futures" option, which, like a standard futures contract, requires no money up-front and is "marked to market" at the end of
I forward results of two option pricing models: (1) the Black and !%holes (1973) model and (2) the Black (1976) model. I argued that if the assumptions underlying the original 1973 Black-Scholes model for stock options held for commodities, their equation would also hold for commodity options as wel