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Chooser option : ウィキペディア英語版 | Chooser option In finance, a chooser option is a special type of option contract. It gives the purchaser a fixed period of time to decide whether the derivative will be a European call or put option. In more detail, a chooser option has a specified decision time , where the buyer has to make the decision described above. Finally, at the expiration time the option expires. If the buyer has chosen that it should be a call option, the payout is . For the choice of a put option, the payout is . Here is the strike price of the option and is the stock price at expiry. == Replication == For stocks without dividend, the chooser option can be replicated using one call option with strike price and expiration time , and one put option with strike price and expiration time ;.〔Yue-Kuen Kwok, Compound options〕
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Chooser option」の詳細全文を読む
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