備考FRM一級考試,考生需要對Exotic Option包含的知識點有所了解!具體包含哪些內容,下文是詳細介紹!

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Exotic Option主要包含的內容:

1. Gap Options

Gap call options

Gap put options

2. Bermudan option

Early exercise may be restricted to certain dates

3. Compound option

Options on options

4. Chooser option

After a specified period of time, the holder can choose whether the option is a call or a put

5. Shout option

點擊了解詳情

期權持有者在期權有效期內可以向期權賣方“喊價”,在期權到期時,期權持有者的收益等于常規(guī)期權收益與喊價時期內涵值的zui大值

6. Asian option

Payoff depends on the arithmetic average of the price of the undertying asset during the life of the option

7. Barrier option

knock-out option:up-and-out call、down-and-out call、up-and-out put、down-and-out put

knock-in option:up-and-in call、down-and-in call、up-and-in pat、down-and-in put

FRM網課


8. Binary option

The cash-or-nothing binary option pays some fixed amount of cash if the option expires In-the-money;

The asset-or-nothing pays the value of the underlying security。

9. Lookback option

Payoff depends on the maximum or minimum price of the underlying asset