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Static replication of option with discretely monitored barrier

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F02%3A00002269" target="_blank" >RIV/61989100:27510/02:00002269 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Static replication of option with discretely monitored barrier

  • Original language description

    This article deals with static replication (hedging) of barrier options. At first, definition of replication methods is provided. After that, we take a look at an option with discretely monitored barrier and its valuation. The purpose of this paper is todescribe and examine method of static replication - creation of replicating portfolio that replicate pay-off of an option with discrete barriers. At first, to replicate the pay-off digitals (binary options) are used. Thereafter, digitals are replaced bytight spread in order to obtain replicating portfolio by using more standard options. Initial values of replicating portfolios are compared with a value produced by M-C simulation

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    Z - Vyzkumny zamer (s odkazem do CEZ)

Others

  • Publication year

    2002

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of the 20th International Conference Mathematical Methods in Economics 2002

  • ISBN

    80-248-0153-1

  • ISSN

  • e-ISSN

  • Number of pages

    8

  • Pages from-to

    249-256

  • Publisher name

    VŠB - Technická univerzita Ostrava

  • Place of publication

    Ostrava

  • Event location

    Ostrava

  • Event date

    Sep 4, 2002

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article