투자론 변형옵션(Exotic Options)

투자론 변형옵션(Exotic Options)

[투자론] 변형옵션(Exotic Options).pptx

목차 1.Definition of Exotic Options 2.Features of Exotic Options 3.Types of Exotic Options 4.Investing the Exotic Options 본문 1. Definition 1. Definition of Exotic Options An option that differs from common American or European options in terms of the underlying asset or the calculation of how or when the investor receives a certain payoff. └>related to the features of Exotic Options, next slide These options are more complex than options that trade on an exchange, and generally trade over the counter. 2. Features of Exotic Options Exotic Options . The payoff at maturity depends on as its value at several times. Could depend on more than one index. could be call ability and put ability rights. could involve foreign exchange rates in various ways. Exotic Options vs. Standard Options Exotic Options . Customized OTC traded Many Types More expensive No standard pricing Standard Options . Standardized Publicly traded Single type Cheaper Standardized pricing model 키워드 투자론, 변형옵션(Exotic Options), Definition of Exotic Options