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Binary Option
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摘要: A type of option in which the payoff is structured to be either a fixed amount of compensation if the option expires in the money, or nothing at all if the option expires out of the money.

Thes[阅读全文:]

Binomial Option Pricing Model
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摘要: An options valuation method developed by Cox, et al, in 1979. The binomial option pricing model uses an iterative procedure, allowing for the specification of nodes, or points in time, during the tim[阅读全文:]

Black Scholes Model
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摘要: A model of price variation over time of financial instruments such as stocks that can, among other things, be used to determine the price of a European call option. The model assumes that the price of[阅读全文:]

Black's Model
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摘要: A variation of the Black-Scholes model that allows for the valuation of options on futures contracts.

In 1976, Fisher Black, one of the developers of the Black-Scholes model (introduced [阅读全文:]

Blue Month
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摘要: The month during which there is the greatest trading activity in derivatives trading. These derivatives can be options, futures, or other type of derivative-based instruments. The occurrence of a blue[阅读全文:]

Booking the Basis
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摘要: An arrangement made between a buyer and seller giving either party the ability, at some future date, to determine the cash price of the forward sales agreement. Once the basis of a futures contract is[阅读全文:]

Average Price Put
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摘要: A type of option where the payoff is either zero or the amount by which the strike price exceeds the average price of the asset.
The average price of these exotic options is derived with a timef[阅读全文:]

Average Rate Option - ARO
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摘要:

An option used to hedge against fluctuations in exchange rates by averaging the spot rates over the life of the option and comparing that to the strike price of the option. Average rate options are[阅读全文:]

Back Fee
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摘要: The premium charged upon the second term or portion of a compound option.

In other words, the back fee is the fee paid by the owner of a compound option to the owner of the underlying op[阅读全文:]

Backspread
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摘要: A type of options spread in which a trader holds more long positions than short positions. The premium collected from the sale of the short option is used to help finance the purchase of the long opti[阅读全文:]