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[PDF] Top 20 Pricing Options in Jump Diffusion Models Using Mellin Transforms

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Pricing Options in Jump Diffusion Models Using Mellin Transforms

Pricing Options in Jump Diffusion Models Using Mellin Transforms

... first jump diffusion process for modeling the behavior of stock ...work jump diffusions have be- come a very popular tool in modeling equity, foreign exchange and commodity ...option pricing ... See full document

8

Adaptive Radial Basis Function Methods for Pricing Options Under Jump Diffusion Models

Adaptive Radial Basis Function Methods for Pricing Options Under Jump Diffusion Models

... suggested using adaptive RBF to solve a PDE whose solution curve has ...RBF-interpolant using the interpolation points found for the initial value using the adaptive RBF-scheme, and derive a system ... See full document

20

Currency Derivatives Pricing for Markov Modulated Merton Jump Diffusion Spot Forex Rate

Currency Derivatives Pricing for Markov Modulated Merton Jump Diffusion Spot Forex Rate

... for pricing equity options (see, ...this pricing approach did not integrate a full-term structure model into the valuation ...rates using the Heath et ...cross-currency options ... See full document

15

Essays on multi asset jump diffusion models : estimation, asset allocation and American option pricing

Essays on multi asset jump diffusion models : estimation, asset allocation and American option pricing

... for pricing American arithmetic aver- age options with a large number of underlying ...by jump-diffusion pro- cesses with deterministic volatilities because the geometric mean is always a ... See full document

158

Pricing Study on Two Kinds of Power  Options in Jump Diffusion Models with  Fractional Brownian Motion and  Stochastic Rate

Pricing Study on Two Kinds of Power Options in Jump Diffusion Models with Fractional Brownian Motion and Stochastic Rate

... The pricing of exotic options is often an optimal stochastic problem, in which the stochastic process sometimes follows jump-diffusion ...use jump-diffusion process instead of ... See full document

17

Pricing in electricity markets: a mean reverting jump diffusion model with seasonality

Pricing in electricity markets: a mean reverting jump diffusion model with seasonality

... of models: spot- based models and forward-based ...Spot models are appealing since they tend to be quite tractable and also allow for a good mathematical description of the prob- lem in ...these ... See full document

59

A combined compact difference scheme for option pricing in the exponential jump diffusion models

A combined compact difference scheme for option pricing in the exponential jump diffusion models

... option pricing models have been introduced, among them the Black–Scholes model is the most important and popular one ...American options, numerical tools must be applied ... See full document

13

Options pricing under the one dimensional jump diffusion model using the radial basis function interpolation scheme

Options pricing under the one dimensional jump diffusion model using the radial basis function interpolation scheme

... Kou Models [34, 35], are typically treated us- ing a traditional finite difference method (FDM) or finite element method ...computed using numerical quadrature or fast Fourier trans- form (FFT) [see, 1–6, ... See full document

26

Pricing vulnerable options with variable default boundary under jump diffusion processes

Pricing vulnerable options with variable default boundary under jump diffusion processes

... vulnerable options facing interest rate risk and financial crisis, and to price vulnerable options in incomplete markets, ...the options and the other liabilities of the option ...the pricing ... See full document

21

Option pricing under the double exponential jump‐diffusion model with stochastic volatility and interest rate

Option pricing under the double exponential jump‐diffusion model with stochastic volatility and interest rate

... the pricing accuracy between the proposed model and the BS and the Kou (2002) models using real market ...European options from the Shanghai Stock Exchange (SSE), expiring in June 2016, as a  ... See full document

40

VaR Optimal Risk Management in Regime Switching Jump Diffusion Models

VaR Optimal Risk Management in Regime Switching Jump Diffusion Models

... on options followed by an institutional manager whose aim is to minimize the Value-at-Risk of a position in a regime-switching jump-diffusion ... See full document

7

Freight options: Price modelling and empirical analysis

Freight options: Price modelling and empirical analysis

... Asian options, with the standard Asian option as a special ...rate models using historic option ...the jump diffusion and lognor- mal option models to the market quotes of ... See full document

28

Basket option pricing using Mellin transforms

Basket option pricing using Mellin transforms

... American options, the early- exercise condition gives rise to a free boundary, in which no closed-form solution ...However, using the Mellin transform to solve the PDE has only recently been ... See full document

9

Range-Based Threshold Spot Volatility Estimation for Jump Diffusion Models

Range-Based Threshold Spot Volatility Estimation for Jump Diffusion Models

... the diffusion part from state variable with a exercisable mathematical or economet- ric technique, such as realized approach ([9]), maximum likelihood approach ([10]), power, bipower and multipower variation ... See full document

6

A Model for Pricing Insurance Using Options

A Model for Pricing Insurance Using Options

... of pricing insurance products are not robust both under minimal data and frequent portfolio ...for pricing call ...of pricing insurance products ...the pricing of a third-party insurance ... See full document

18

Pricing and hedging exotic options in stochastic volatility models

Pricing and hedging exotic options in stochastic volatility models

... European options in the Heston model in ...barrier options: the main risk is semi-static hedged by holding a position in put options written on the stock, and the remaining risk is then dynamically ... See full document

105

Hedging strategies and minimal variance portfolios for European and exotic options in a Levy market

Hedging strategies and minimal variance portfolios for European and exotic options in a Levy market

... data using the VG model and obtain the parameter values: θ = ...price using these parameters is 410.914. The pricing error due to calibration and simulation is then ... See full document

33

Option pricing under risk-exogenous measures in a fractional jump diffusion market

Option pricing under risk-exogenous measures in a fractional jump diffusion market

... An outline of this paper is as follows. In section 2 a fractional jump-diffusion market model is given and a generalized fractional Ito formula is derived. In section 3 we study the price of exogenous risks ... See full document

8

An Exploratory Viewpoint on the Perspectives and Practices of Testing Alternative Option Pricing Models

An Exploratory Viewpoint on the Perspectives and Practices of Testing Alternative Option Pricing Models

... alternative models has substantially focused on stock index options and the Volatility smirk/smile evidence of negatively skewed risk neutral ...option pricing implications of few alternative ... See full document

5

Realized Range-based Threshold Estimation for Jump-diffusion Models

Realized Range-based Threshold Estimation for Jump-diffusion Models

... In this paper, we consider an integrated volatility estima- tion procedure for jump-diffusion models. We are inspired by the precision of the range-based technique and the efficiency of the threshold ... See full document

7

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