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关于收益再投资的问题 RRS feed

  • 问题

  • 有个困惑:如果期权要求hold to maturity,也就是到期之前不能卖,那么投资收益从哪里来?又怎么进行再投资呢?
    2011年10月21日 7:20

答案

  • These are european-style options and as such they can only be exercised on maturity/expiration.

     

    The market data used in the contest are historical numbers. You will need to predict the option value based on one-year forward expiration. Your calculated option fair value, and thus your investment choice, will be compared with our historical "one-year forward" price of the underlying to determine your *expected* PnL.

     

    There is no re-investments required.

    2011年10月21日 8:15
    版主