Dai, Feng; Sun, Yajun; Wu, Songtao - In: The IUP Journal of Applied Economics VII (2008) 3, pp. 61-76
Based on the structure model of option pricing (Dai and Qin, 2005) and partial distribution (Dai, 2001), this paper designs a new kind of expression of futures price. It presents the structure pricing model for American futures options on underlying non-dividend-paying stocks, and provides three...