1. What is an "Exotic Options"?
option contracts that are variations on simple puts and calls or are different products with optionality built into them.
Exotic options are available in various asset classes on which options are available, but are mostly found in the foreign exchange market. A common example is the barrier option, which itself comes in various forms such as knock-in options
standard deviation of about 7.2147%.
The rates that we found from the St. Louis Federal Reserve web site were stated in APR, so we had to divide it by 4 to get the monthly returns. The 2nd column represents the monthly reuturns for the 3-month Treasury bill secondary market for the last 60 months.
By using the average function from the spreadsheet, the average monthly returns for the 3
index value
HDD(Heating Degree Day) = Max(0, B-X)
CDD(Cooling Degree Day) = Max(0, X-B)
X: a day’s average temperature, B: base temperature(65oF)
Exotic Derivatives usually refers to more
complex and unusual derivative contracts that depend on the value of some specific underlying.
This term contrasts with the use of Vanilla
Derivatives to denote more standard derivative
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Ⅰ. 개요
오늘날 서구 학계(특히 사회과학 분야)에서는 질적방법이 점차 수용되고 있다. 이것은 사회의 복잡성이 하나의 관점으로 이해될 수 없음을 연구자들이 자각하게 되었다는 사실에 부분적으로 기인한다. 한국사회과학에서도 이러한 경향은 크게 눈에 띄는 것은 아니라고 하더라도, 양적방법