Physical settlement: per exchange delivery settlement price (EDSP), or referred to as the "reference price"; namely from last trading day; actual settlement amount = EDSP + daily settlement difference (previous trading day vs. spot MTM price) Cash settlement: same as above, just in cash, usua...
In simple words, options on futures give the holder an option to buy or sell a futures contract at a set future date and agreed price. We can say that it gives buyers the right to buy or sell a futures contract with no obligation. Another name for such an instrument is futures options...
Futures和Options是金融市场中的两种常见衍生工具,用于管理风险和投机。Futures,即期货,是一种标准化的合约,买卖双方约定在未来的某个特定日期和价格交割一定数量的基础资产。这个基础资产可以是商品(如黄金、石油)、金融产品(如债券、汇率)或指数。期货市场为投资者提供了一个进行套期保值和投机交易的...
期货期权(Options on Futures)是对期货合约买卖权的 交易,包括商品期货期权和金融期货期权。 一般所说的期权通常是指现货期权,而期货期权则是指“期货合约的期权”,期货期权合约 表示在期权到期日或之前,以协议价格购买或卖出一定数量的特定商品或资产的期货合同。期货期权的基础是商品期货合同,期货期权合同实施时要求交...
options on futures 期货选择权选择权标的物为期货,可能是各种商品或金融期货。参见:option, options on physicals. futures options 期货选择权指针的物为期货的选择权。在选择权契约到期后,若买方要求履约,此时即成期货部位。期货选择权权利金通常较期货保证金为低。 options on foreign currency futures 外币期货期权...
期货选择权(Options on Futures):标的物为期货的选择权,持有者执行权利后即转换为期货部位。权利金(Option Premium… blog.roodo.com|基于32个网页 2. 期权 到目前为止,契约内容不仅於期货,还包括选择权、期权(options on futures)、其它新金融商品。有别於其它衍生性金融商 … ...
options contract gives an investor the right, but not the obligation, to buy (or sell) shares at a specified price at any time before the contract's expiration. By contrast, a futures contract requires a buyer to purchase the underlying security or commodity—and a seller to sell it—on ...
The impact of delivery options on futures prices: A survey No abstract is available for this item. DM Chance,ML Hemler - 《Journal of Futures Markets》 被引量: 32发表: 2010年 The Favorite-Longshot Bias in S&P 500 and FTSE 100 Index Futures Options: The Return to Bets and the Cost of ...
An option on futures gives the holder the right, but not the obligation, to buy or sell a futures contract at a specific price, on or before its expiration.
This chapter aims to establish upper and lower bounds for the price of European calls and puts on futures. It examines payoffs and trading strategies using futures options. The expiration date of a futures option is usually on, or a few days before, the maturity date of the underlying ...